Importantly, these effects were primarily driven by migrants from more severely eroded areas, suggesting that migrants' economic vulnerability upon arrival was the key factor influencing housing these market outcomes.

Moreover, we find spillover effects, with non-migrant properties near Dust Bowl settlers also experiencing lower price appreciation.

Properties inhabited by Dust Bowl migrants experienced substantially lower price growth over the decade compared to similar addresses within the same small neighborhood inhabited by other internal migrants.

The paper studies how the influx of migrants fleeing the Dust Bowl affected housing dynamics in Los Angeles, the primary destination for these climate refugees. We find significant direct and spillover effects of Dust Bowl migration on Los Angeles housing markets.

Excited to announce I am on the Job Market!

My #EconJMP (with @diogobaerlocher.bsky.social and Gustavo Cortes) studies how the influx of migrants displaced by natural disasters affects neighborhoods and housing markets, focusing on the 1930s American Dust Bowl.

Link: ssrn.com/abstract=502...