The effect on housing prices of policies that promote educational equity is inconclusive. This paper first presents a theoretical model to investigate the impact of policies that reduce the probability of entrance to prestigious schools and derives testable predictions on housing prices. Then,...

The effect of policies that promote educational equity on housing prices is inclusive. We first present a theoretical model to investigate the impact of policies that reduce the prestigious school entrance probability and derive testable predictions on housing prices. Then, we use a unique...