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Are Chinese paying too much or too little for school quality? The rent yield gap approach for estimating the capitalization of school quality in Shanghai
Zhang, Muyang; Chen, Jie - 2017
This paper explores how the unequal right of enrollment for public schools between households with different tenure statuses in urban People's Republic of China (PRC) affects rental yields. In the PRC, the rental yield is as low as 2% in major cities, mostly due to the lack of property tax and...
Persistent link: https://www.econbiz.de/10011688744
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Are Chinese paying too much or too little for school quality? : the rent yield gap approach for estimating the capitalization of school quality in Shanghai
Zhang, Muyang; Chen, Jie - 2017
This paper explores how the unequal right of enrollment for public schools between households with different tenure statuses in urban People's Republic of China (PRC) affects rental yields. In the PRC, the rental yield is as low as 2% in major cities, mostly due to the lack of property tax and...
Persistent link: https://www.econbiz.de/10011637609
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Unequal school enrollment rights, rent yields gap, and increased inequality : the case of Shanghai
Zhang, Muyang; Chen, Jie - In: China economic review : an international journal 49 (2018), pp. 229-240
Persistent link: https://www.econbiz.de/10012008181
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Unequal school enrollment rights, rent yields gap, and increased inequality : the case of Shanghai
Zhang, Muyang; Chen, Jie - In: China economic review : an international journal 50 (2018), pp. 329-240
Persistent link: https://www.econbiz.de/10012008251