Housing Markets and Migration:Evidence from New Zealand
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Source: Coleman and Landon-Lane (2007), Figure 1
Figure 1: New Zealand House Price Inflation and Net Migration
| elasticities | agg | lma | lma/fe |
|---|---|---|---|
| change pop | 12.58 | 1.36 | 0.26 |
| imm_share | 13.69 | 3.04 | -0.24 |
| nz_share | -4.47 | 0.37 | 0.70 |
| elasticities | change pop | imm_share | nz_share |
|---|---|---|---|
| agg | 12.58 | 13.69 | -4.47 |
| lma | 1.36 | 3.04 | 0.37 |
| lma/fe | 0.26 | -0.24 | 0.70 |
| elasticities | 1986-1991 | 1991-1996 | 1996-2001 | 2001-2006 |
|---|---|---|---|---|
| change pop | 0.70 | 1.60 | 0.35 | -1.38 |
| imm_share | 1.75 | 4.63 | -0.75 | -2.10 |
| nz_share | 0.56 | 1.28 | 1.15 | -0.46 |
| elasticities | change pop | imm_share | nz_share |
|---|---|---|---|
| 1986-1991 | 0.70 | 1.75 | 0.56 |
| 1991-1996 | 1.60 | 4.63 | 1.28 |
| 1996-2001 | 0.35 | -0.75 | 1.15 |
| 2001-2006 | -1.38 | -2.10 | -0.46 |

