Article
The Myth of “Free” Public Education: Impact of School Quality on House Prices in the Fremont Unified School District, California
Journal of Planning Education and Research
(2017)
Abstract
Using the Fremont Unified School District in Fremont, California, as the study area, this study estimates the impact of school quality on house prices and finds that a one-standard-deviation increase in the quality of elementary, middle, and high schools significantly increases house prices—by 20 percent for an average-priced house. I urge urban planners and policy makers to explicitly recognize the impact of schools on residential segregation, to consider access to high-quality K–12 education when developing plans and policies, to collaborate with school districts to improve educational quality, and to provide incentives for the construction of affordable housing in neighborhoods with high-quality schools.
Keywords
- housing,
- real estate,
- spatial analysis,
- school quality,
- house prices,
- hedonic regression,
- K–12 education
Disciplines
Publication Date
June 29, 2017
DOI
10.1177/0739456X16654546
Publisher Statement
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Citation Information
Shishir Mathur. "The Myth of “Free” Public Education: Impact of School Quality on House Prices in the Fremont Unified School District, California" Journal of Planning Education and Research Vol. 37 Iss. 2 (2017) p. 176 - 194 ISSN: 0739-456X Available at: http://works.bepress.com/shishirmathur/53/