The study is based on the analysis of the immigrants’ resettlement patterns features within cities’ territory. There were chosen Moscow, Paris, London, Madrid, Berlin, Rome, Lisbon. First, the share of immigrants in the area was studied and compared with housing prices. The data on the residential real estate prices was collected according to the author's method for maximum comparison. The main difficulty is the lack of up-to-date statistics about the amount and share of immigrants in the boroughs, quarters and neighborhood within chosen capitals.
In most studied capitals, immigration flows have decreased (even compared to 2019). For example, the relative annual growth of the foreign population in Madrid has decreased by almost 5 times, while in Rome and other cities there is a gradual decline in the foreign population. In 2021, the number of migrants in Berlin is growing compared to 2014.
Thus, there is an increase in the migrants’ number who are living in cities, but over the past two years the migration inflow has decreased.
Housing prices have increased further due to events related to the COVID-19 pandemic. However, in the outlying districts, there is a slight decrease in the prices of standard apartments in 2021. The demand for short-term and long-term rental housing has also increased, which has led to rising of housing rent. According to official data in Paris, there is an increase in prices for secondary housing, more noticeable for houses than for apartments. In Moscow, as a result of changes in lifestyle, an increase in demand for housing, preferential mortgages and a decrease in bank loan rates, housing has risen in price by an average of 35%.
To sum up there are no drastic changes in the place of immigrants’ residence. Settlement processes within cities are not proceeding so quickly. Property prices are characterized by a widespread increase in the cost of square meters.
Mots clés : European capitals|resettlement of immigrants|housing prices|territorial differentiation
A104017DS