School quality, neighborhoods and housing prices
Subtitle: the impacts of school desegregation
By: Thomas J. Kane, Douglas O. Staiger, Stephanie K. Riegg.
Contributors: Staiger, Douglas O.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11347; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11347.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: School integration -- North Carolina -- Mecklenburg County.; School quality -- North Carolina -- Mecklenburg County.; Housing -- Prices -- North Carolina -- Mecklenburg County.
Description: "We study the relationship between school characteristics and housing prices in Mecklenburg County, North Carolina between 1994 and 2001.  During this period, the school district was operating under a court-imposed desegregation order and redrew a number of school boundaries.  We use two different sources of variation to disentangle the effect of schools and other neighborhood characteristics: differences in housing prices along assignment zone boundaries and changes in housing prices following the change in school assignments.  We find systematic differences in house prices along school boundaries, although the impact of schools is only one-quarter as large as the naive cross-sectional estimates would imply.  Moreover, house prices seem to react to changes in school assignments.  Part of the impact of school assignments is mediated by subsequent changes in the characteristics of the population living in the school zone"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 7/5/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.