Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 54 , 01 December 2023
Open
Access | Article
The Impact of School District Segmentation Changes on Housing Prices in Selected Districts of Beijing
* Author to whom correspondence should be addressed.
Abstract
In China, school enrollment district segmentation changes often raise fluctuations of housing market. Once a house is segmented into a popular school district, its price will immediately skyrocket. To curb the hidden educational inequality caused by this phenomenon, many Chinese cities, including Beijing, are attempting to ‘cool down’ school district housing by adjusting existing school district segmentation. This paper aims to verify the impact of school district segmentation changes on housing prices in selected districts of Beijing. Through time-varying difference-in-difference method, this study found no significant correlation between the changes in school district segmentation and the fluctuation of housing prices in different administrative districts in Beijing. This study is significant for understanding the housing market situation in Beijing and the real-world effect of school district segmentation changes. Policy makers should take housing market prices into consideration when making school district policy decisions and make further researches to investigate the effects of new school district segmentation on neighborhood-level housing prices.
Keywords
Beijing, school district housing segmentation, housing prices, time-varying difference-in-difference
References
1. Huang, B. , He, X. , Xu, L. , Zhu, Y. , Economics, J. O. H. , & Pollakowski, H. O. . (2020). Elite school enrollment and housing prices in Beijing. Journal of Housing Economics.
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3. Han, B. , Han, L. , & Zhu, G. . (2018). Housing prices in a transitional economy: Beijing market as an example. International Economic Review.
4. Zhang, K. , Zhang, L. , & Zhu, D. . (2018). Basic Education Resources and Housing Prices - Haidian District, Beijing as an Example. Education & Economy.
5. Han, J. , Cui, L. , & Yu, H. . (2021). The Impact of LDHSE Policy on Resale Housing Prices. Cities, 115.
6. Li Gao, & Ling Xiao. (2019). A Comparative Study of Parenting Concepts in Chinese and American Families. Shandong Teenagers.
7. Haidian District People’s Government of Beijing Municipality. (2018).
8. https://www.beijing.gov.cn/zhengce/zcjd/201905/t20190523_78026.html
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10. Tianran Li. The Impact of Educational Resource Allocation and Related Policies on Housing Prices: A Study on Housing Prices in School Districts in Beijing Urban Area.(Doctoral dissertation,University of International Business and Economics).
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-155-1
- ISBN (Online)
- 978-1-83558-156-8
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/54/20230942
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited