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Please use this identifier to cite or link to this item: http://hdl.handle.net/11375/26942
Title: The Effect of School Closures on Housing Prices in Hamilton, Ontario
Authors: Merrall, John
Advisor: Paez, Antonio
Department: Geography and Earth Sciences
Keywords: housing;econometrics;spatial analysis;spatial regression;schools;real estate
Publication Date: 2021
Abstract: Is school accessibility a valued good, and do school closures affect house prices? This thesis applies two different methods of hedonic regression analysis, augmented by spatial regression methods, to a dataset of Hamilton real estate transactions (2005-2017) to investigate whether the closure of a school in an urban neighbourhood negatively affects house prices in that closed school catchment. Evidence is found that school accessibility is a valued good, and that the closure of a primary school will negatively affect house prices from the period of closure announcement through several subsequent quarters. The use of spatial analysis corrects for bias in coefficient estimates.
URI: http://hdl.handle.net/11375/26942
Appears in Collections:Open Access Dissertations and Theses

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