Study: Mobility, Housing Markets, and Schools: Estimating General Equilibrium Effects of Interdistrict ChoiceBy: Eric Brunner, Sung-Woo Cho, and Randall Reback “The authors find that school enrollment policies based on choice instead of residential location tends to equalize housing prices across districts with the effect of reducing income disparities across neighborhoods. By providing opportunity to select the most appropriate school for their family through choice, regardless of where they live, they are able to focus their residential selection on other interests. As a result, income becomes a less defining criterion for the ability to move to any particular neighborhood as housing prices are more nearly equalized.”
|