Capitalization of school quality into housing prices: Evidence from Boston Public School district walk zones

Vincent La ()

Economics Letters, 2015, vol. 134, issue C, 102-106

Abstract: Using Boston Public School District’s unique walk zone feature to better account for unobservables, I estimate a significant positive effect of school quality on house sale prices. This effect increases for homes more likely to be bought by families with children and diminishes in areas with already oversubscribed schools.

Keywords: Housing demand; School quality; Capitalization (search for similar items in EconPapers)
JEL-codes: H75 I20 R21 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:134:y:2015:i:c:p:102-106

DOI: 10.1016/j.econlet.2015.07.001

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