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Article

О взаимосвязи между стоимостью жилья и характеристиками близлежащих школ

Ожегов Е. М., Косолапов Н. А., Позолотина Ю. А.

In this paper we study the dependence between schools’ characteristics and housing prices of secondary residential property market in the city of Perm. We employ the data on list prices and school characteristics in 2014. The estimation of spatial autoregression model reveals the effect of school education quality characteristics on residential real estate prices. The dividing on subsamples with one-room and multi-room flats shows the differences in school characteristics effects on prices. Moreover, we reveal the link between income and school quality effects on real estate prices.