Capitalization of Charter Schools into Residential Property Values

Autor/inn/en	Brehm, Margaret; Imberman, Scott A.; Naretta, Michael
Titel	Capitalization of Charter Schools into Residential Property Values
Quelle	In: Education Finance and Policy, 12 (2017) 1, S.1-27 (27 Seiten)Infoseite zur Zeitschrift PDF als Volltext (1); PDF als Volltext kostenfreie Datei (2) Verfügbarkeit
Zusatzinformation	Weitere Informationen
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1557-3060
DOI	10.1162/EDFP_a_00192
Schlagwörter	Charter Schools; Real Estate; Housing; School Districts; Counties; School Location; California + Suchen Sie Ihr Suchwort? Charter school; Charter-Schule; Grundstück; Unterkunft; School district; Schulbezirk; Schulgelände; Kalifornien
Abstract	Although prior research has found clear impacts of schools and school quality on property values, little is known about whether charter schools have similar effects. Using sale price data for residential properties in Los Angeles County from 2008 to 2011 we estimate the neighborhood level impact of charter schools on housing prices. Using an identification strategy that relies on census-block fixed effects and variation in charter penetration over time, we find little evidence that the availability of a charter school affects housing prices on average. We do find, however, that when restricting to districts other than Los Angeles Unified and counting only charter schools located in the same school district as the household, housing prices fall in response to an increase in nearby charter penetration. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01