Elite school designation and housing prices-quasi-experimental evidence from Beijing, China✰

Abstract

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Exploring the Spatial Discrete Heterogeneity of Housing Prices in Beijing, China, Based on Regionally Geographically Weighted Regression Affected by Education

“…However, relevant evidence has shown that, although this policy of dividing enrollment by school districts is generally adopted by primary schools in Beijing, it is not strictly followed in the enrollment of junior high schools [47]. Furthermore, the quality of a primary school plays a fundamental role in later academic achievement [43].…”

“…Many studies in the literature have found that, in Beijing, education is the main reason for the locally discrete nature of housing prices. The price of second-hand school district housing is significantly higher than that of neighboring second-hand non-school district housing [40,42,43]. The objective of this study is to expand the traditional GWR model to detect the spatial non-stationary characteristics and spatial discrete heterogeneity of housing prices simultaneously in the research area, considering the spatial discrete nature caused by specific educational factors.…”

Canceling the admission priority of private schools enlarges housing price gap in public school districts: Evidence from Shanghai's new admission policy

“…Another research stream uses education policies as natural experiments to investigate the policy effects on housing prices. For example, Feng and Lu (2013) and Huang et al (2020)'s studies show that housing prices increased when corresponding public schools were designated as key-point schools, an indicator that the public schools' education quality is endorsed by governments. Wen et al (2017) studied the effect of the "zero school choice" policy that strictly prohibited parents from sending children to public schools outside their designated school districts.…”

Exploring the Effects of Contextual Factors on Residential Land Prices Using an Extended Geographically and Temporally Weighted Regression Model

“…Residential areas were divided into designated school districts corresponding to nearby public primary and junior middle schools, and it was specified that children living in neighborhoods of school districts were required to enroll in the corresponding schools [56][57][58]. However, houses in school districts have gradually become a manifestation of capitalization for public goods, i.e., the precious popularity of school district housing in China, where the quality of public schools is higher [59,60].…”