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August 16, 2025WorldOpen Access

Unlocking the Nexus: Personal Remittances and Economic Drivers Shaping Housing Prices Across EU Borders

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Authors

MRMaja Nikšıć RadıćSBSiniša BogdanMSMarina Barkiđija Sotošek

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Overview

This analysis reveals how personal remittances and economic factors shape housing prices across the EU, indicating important effects for policymakers.

Key Points

  • Personal remittances significantly influence long-term housing prices, highlighting their role in demand dynamics.
  • Data from 27 EU countries from 2007 to 2022 shows causal links between remittances, FDI, and housing prices.
  • Pooled mean group autoregressive distributed lag (PMG-ARDL) estimation reveals complex interactions among key economic variables.
  • Findings underscore the need for policymakers to integrate remittances into housing affordability and investment strategies.

Cite This Study

Radıć et al. (2025) studied this question.

synapsesocial.com/papers/68c235fdb210217d64772f5ehttps://doi.org/10.3390/world6030112
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