The influence of school quality on housing prices in Korea

Sunku Hahn, Tae-Hwan Kim () and Minho Kim

Applied Economics, 2012, vol. 44, issue 8, 1021-1023

Abstract: The existence of good schools is expected to increase nearby housing prices. We use a natural experiment from two cities in Korea where the high school entrance system changed from self-selection to geographical assignment. Our empirical results show that the existence of good high schools did increase the nearby housing prices as well as the rental prices.

Date: 2012
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DOI: 10.1080/00036846.2010.534056

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