Court-ordered Busing and Housing Prices: The Case of Pasadena and San Marino
AbstractIn 1970, the Federal District Court ordered that no school in the Pasadena School District would be allowed to open with a “majority minority population.?To comply with this order, Pasadena began busing many of its minority students to other within-district schools with smaller minority populations. This article will examine the effect of this integration policy on housing prices, using home sales data gathered from within the Pasadena and San Marino Unified School Districts (busing was not implemented in the latter district). The results indicate that the busing policy does not have a significant effect on the house prices.
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Bibliographic InfoArticle provided by American Real Estate Society in its journal journal of Real Estate Research.
Volume (Year): 30 (2008)
Issue (Month): 3 ()
Contact details of provider:
Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
Web page: http://www.aresnet.org/
Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
Find related papers by JEL classification:
- L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
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