This paper investigates the dynamics of school quality capitalization during the boom–bust cycle of the housing market … and recovery periods saw a decline in valuation for top schools. Hence, the capitalization of school quality exhibits a …

In this Chapter, we critically review the sizable literature that values school quality and performance through housing … significantly higher in places where measured school quality is higher. Thus parents are prepared to pay substantial amounts of …

hedonic overstates the importance of school quality to house price and understates the importance of environmental quality to …

demand for public school quality. After generating the implicit prices of community amenities from a hedonic house price … elasticity of demand of 0.5. Public safety and school quality are substitutes as are the community's income level and school …