This article evaluate how cross-border labor mobility affects real estate price trends. To overcome the endogeneity of mobility choice, a natural experiment is used: The implementation of the “Agreement on the Free Movement of Persons” (AFMP) between the European Union (EU) and Switzerland, on 1 June 2007. This policy change the eligibility criteria for obtaining a cross-border permit by removing residence restrictions and creates a natural experiment for a difference-in-differences analysis. Based on French administrative data, results show that cross-border labor mobility does not affect house price trends in French border regions. However, the implementation of the AFMP has had a positive impact on the evolution of apartment prices in both the short term (six months) and the medium term (three years). In addition, the evolution of apartment prices shows sensitivity to distance from the border and to the housing quality segment.

本文评估了跨境劳动力流动如何影响房地产价格趋势。为了克服流动性选择的内生性，我们使用了一个自然实验：2007年6月1日，欧盟与瑞士之间实施了《人员自由流动协定》（AFMP）。这项政策改变了资格通过取消居住限制来获得跨境许可证的标准，并为差异分析创建了自然的实验。根据法国行政数据，结果表明，跨境劳动力流动不会影响法国边境地区的房价趋势。但是，AFMP的实施对短期（六个月）和中期（三年）的公寓价格演变都产生了积极影响。此外，