Does Proximity to School Still Matter Once Access to Your Preferred School Zone Has Already Been Secured?

被引：0

作者：

Yi Huang

Sandy Dall’erba

机构：

[1] Nanjing Audit University,Institute of Urban Development

[2] University of Illinois at Urbana-Champaign,Department of Economics, Regional Economics Applications Laboratory (REAL)

[3] University of Illinois at Urbana-Champaign,Department of Agricultural and Consumer Economics, Regional Economics Applications Laboratory (REAL)

来源：

The Journal of Real Estate Finance and Economics | 2021年 / 62卷

关键词：

House prices; School proximity; Attendance zone; Hedonic; Quantile;

D O I：

暂无

中图分类号：

学科分类号：

摘要：

This paper examines the relationship between proximity to secondary schools and property values within three school enrollment zones in Auckland, New Zealand. Results indicate that, in the most sought-after school zone, house prices increase with proximity to school but decrease above 3.664 km. Moreover, we find that the nonlinear effects are most prominent at the lower quantile of the sales price distribution. In the other two school zones, proximity to school reduces house prices. These results demonstrate that distance to school still matters within each school enrollment zone.

引用

页码：548 / 577

页数：29