Rising house prices are of increasing concern for the Dutch government. Many elements influence the house prices, but it is often unclear how much can be contributed specifically. This research...Show moreRising house prices are of increasing concern for the Dutch government. Many elements influence the house prices, but it is often unclear how much can be contributed specifically. This research studies the effect of immigration on house prices in the Netherlands from 2013 till 2019. It contributes to understanding the influence recent immigration flows have on the Dutch economy, by estimating its impact on the housing market. Furthermore, it looks for differences of this effect between three geographic areas; municipalities, districts and neighborhoods. The results show a positive effect on the house prices in general because of decreased supply. This effect is negative for house prices in districts and neighborhoods due to the native population moving out (native flight). Natives with the highest disposable income respond to immigration by moving to different districts or neighborhoods. This generates a negative effect on housing demand and decreases house prices is in these areas. There are some differences between provinces in the strength of the effect. No negative relation is found between immigration and crime, or between immigration and housing supply.Show less