How public services are capitalized into house prices

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Brunner, Sonstelie, and Thayer (2001) studied how home ownership and community income influenced votes on a proposed initiative in California to allow children to obtain their locally funded education at any public or private school rather than being districted to their local school.

Think about how public services such as education are capitalized into house prices.

Why would renters in highincome communities be more likely than owners to support this school choice plan? Why would the reverse be true in low-income communities?

Reference no: EM131190665

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How public services are capitalized into house prices : Think about how public services such as education are capitalized into house prices.- Why would renters in highincome communities be more likely than owners to support this school choice plan?

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