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Do Charter Schools Affect Property Values?

Author

Listed:
  • John B. Horowitz

    (Department of Economics, Ball State University)

  • Stanley R. Keil

    (Department of Economics, Ball State University)

  • Lee C. Spector

    (Department of Economics, Ball State University)

Abstract

Taxpayers are concerned that introducing a charter school in their neighborhood will decrease their property values. We test this proposition by using three methods. We test the size and significance of the distance from a charter school with respect to property values; weather the intervention of a charter school changes the forecasted value of the property; and if the distance from a charter school has a different impact than the distance from a public school in similar neighborhoods. For the most part, we find little evidence that the existence of a charter school affects property values.

Suggested Citation

  • John B. Horowitz & Stanley R. Keil & Lee C. Spector, 2007. "Do Charter Schools Affect Property Values?," Working Papers 200707, Ball State University, Department of Economics, revised Nov 2007.
    • Handle: RePEc:bsu:wpaper:200707
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    References listed on IDEAS

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    2. Schwartz, Amy Ellen & Voicu, Ioan & Horn, Keren Mertens, 2014. "Do choice schools break the link between public schools and property values? Evidence from house prices in New York City," Regional Science and Urban Economics, Elsevier, vol. 49(C), pages 1-10.

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