Browsing by Author "Ünal, U."

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    Local house price effects of internal migration in queensland: Australia's interstate migration capital
    (Wiley, 2023-06) Erol, Işıl; Ünal, U.; International Finance; EROL, Işıl
    We examine the causal impact of internal migration on housing prices across 82 Statistical Areas Level 3 regions in Queensland, Australia from 2014–2019. The primary findings are: (i) an annual increase in the inflow of migrants equal to 1 per cent of a region's initial population leads to a 0.6 to 0.7 per cent annual increase in Queensland's house prices across different empirical specifications; (ii) this effect differs between the Greater Brisbane metropolitan area and Rest of State areas; (iii) migration from New South Wales fails to produce a significant influence on house price growth in Queensland.