How Does the Quality of Junior High Schools Affect Housing Prices? A Quasi-Natural Experiment Based on the Admission Reform in Chengdu, China

We exploit an admission reform of junior high schools in Chengdu, China, to identify the capitalization effect of high-quality educational facilities on housing prices. Since 2013, some elite junior high schools have conducted an experimental policy called the four-year junior high school project (h...

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Bibliographic Details
Main Authors: Xiao Tian, Jin Liu, Yong Liu
Format: Article
Language:English
Published: MDPI AG 2022-09-01
Series:Land
Subjects:
Online Access:https://www.mdpi.com/2073-445X/11/9/1532