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Ha, Wei; Yu, Renzhe – Chinese Education & Society, 2019
This study examines the effect of a reasonably exogenous school equalization reform in Beijing on housing values. Based on sales records of secondhand housing between 2012 and 2016 in four core urban districts in Beijing straddling the reform, the authors find that reform-induced improvement in school quality is on average associated with a 1.7%…
Descriptors: Educational Change, Housing, Costs, Cultural Context