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Sectorisation des collèges et prix immobiliers à Paris

Abstract : This study assesses the impact of local public and private educational opportunities on real estate prices, in the context of public school zoning in Paris during the period 1997–2000. On the basis of real estate and educational data, it seeks to isolate the causal impact of public junior high school attractiveness on the price of housing by comparing real estate transactions in the immediate vicinity of the borders between different schooling zones. Results indicate that the characteristics of public schools have a significant impact on real estate prices: depending on the indicators used, the increase in the standard variation of local school attractiveness triggers an increase of prices per square meter ranging from 1.4 % to 2.4 %. Subsequently, it appears that the real estate premium going toward the most attractive public schools tends to disappear in the areas with many opportunities for private schooling. These results suggest that the readiness of parents to pay for an attractive public school diminishes as they have the opportunity to send their children to local private schools regulated by the state. More generally, they confirm the interdependence between residential and educational choices by showing that Parisian households take into account local educational opportunities, whether private or public, when they chose to buy an apartment.
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Submitted on : Monday, February 3, 2020 - 12:31:12 AM
Last modification on : Tuesday, April 20, 2021 - 5:16:02 PM




Gabrielle Fack, Julien Grenet. Sectorisation des collèges et prix immobiliers à Paris. Actes de la Recherche en Sciences Sociales, 2009, 180, pp.44-63. ⟨10.3917/arss.180.0044⟩. ⟨hal-02464106⟩



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