The Impact of School District Segmentation Changes on Housing Prices in Selected Districts of Beijing
- 1 Renmin University of China
* Author to whom correspondence should be addressed.
Abstract
In China, school enrollment district segmentation changes often raise fluctuations of housing market. Once a house is segmented into a popular school district, its price will immediately skyrocket. To curb the hidden educational inequality caused by this phenomenon, many Chinese cities, including Beijing, are attempting to ‘cool down’ school district housing by adjusting existing school district segmentation. This paper aims to verify the impact of school district segmentation changes on housing prices in selected districts of Beijing. Through time-varying difference-in-difference method, this study found no significant correlation between the changes in school district segmentation and the fluctuation of housing prices in different administrative districts in Beijing. This study is significant for understanding the housing market situation in Beijing and the real-world effect of school district segmentation changes. Policy makers should take housing market prices into consideration when making school district policy decisions and make further researches to investigate the effects of new school district segmentation on neighborhood-level housing prices.
Keywords
Beijing, school district housing segmentation, housing prices, time-varying difference-in-difference
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Cite this article
Wang,H. (2023). The Impact of School District Segmentation Changes on Housing Prices in Selected Districts of Beijing. Advances in Economics, Management and Political Sciences,54,1-6.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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