It's an old joke that the Daily Express's perfect headline is: "Muslims bad for house prices." And you know what - the joke is true, at least in the sense that Islamic extremism is bad for house prices.
This paper shows that, after the murder of Theo van Gogh in 2004, house prices in areas of Amsterdam with large Muslim populations fell relative to those in areas with fewer Muslims.
This was because the murder reduced non-Muslims desire to live among Muslims.
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Posted by: chi flat iron | January 18, 2010 at 09:57 AM