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School quality and affordable housing in the Bay Area

Author

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  • Naomi Cytron

Abstract

Everyone knows the old real estate adage that the three most important factors in determining the value of a given property are location, location, and location. This is to say that place matters; a neighborhood confers a bundle of amenities to its residents that are specific to that geography. This bundle can include proximity to parks, small-scale retail offerings, high quality schools, and a variety of transportation options, as well as low crime rates and clean air. These amenities are arranged in a variety of configurations across space, and most households determine which aspects are most important to them, and then choose their neighborhood accordingly.

Suggested Citation

  • Naomi Cytron, 2011. "School quality and affordable housing in the Bay Area," Community Development Research Brief, Federal Reserve Bank of San Francisco, issue June, pages 1-10.
    • Handle: RePEc:fip:fedfcb:y:2011:i:june
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