It Makes a Village: Residential Relocation after Charter School Admission
Real Estate Economics, Forthcoming
Posted: 27 May 2013
Date Written: May 24, 2013
Although numerous studies investigate how student achievement is impacted by educational vouchers and charter schools, there appears to be no research on how these programs impact the surrounding environment. This study examines residential relocation of families whose children attend a charter school. We develop a conceptual model which predicts where relocating families are likely to move, given ex-ante distance and direction to the school. The model is parameterized using data from student mailing address changes. We find that families are almost twice as likely to relocate toward the school than would be expected if the school did not exert any attraction. Moreover, although families are not required to live near the school, the child’s school exerts a significantly stronger attraction than parent workplaces. This result may have important implications for mitigating urban sprawl, fostering urban renewal, and promoting sustainable real estate development.
Keywords: Housing, Migration, Schools
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