The Effect of School Closures on Housing Prices in Hamilton, Ontario
| dc.contributor.advisor | Paez, Antonio | |
| dc.contributor.author | Merrall, John | |
| dc.contributor.department | Geography and Earth Sciences | en_US |
| dc.date.accessioned | 2021-10-01T13:28:32Z | |
| dc.date.available | 2021-10-01T13:28:32Z | |
| dc.date.issued | 2021 | |
| dc.description.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. | en_US |
| dc.description.degree | Master of Arts (MA) | en_US |
| dc.description.degreetype | Thesis | en_US |
| dc.description.layabstract | Do homebuyers pay a premium to be located closer to a school, and do school closures affect house prices? An analysis of Hamilton real estate transactions (2005-2017) finds evidence that houses closer to schools sell for more, and that a primary school closure has a negative impact on local house sale prices. | en_US |
| dc.identifier.uri | http://hdl.handle.net/11375/26942 | |
| dc.language.iso | en | en_US |
| dc.subject | housing | en_US |
| dc.subject | econometrics | en_US |
| dc.subject | spatial analysis | en_US |
| dc.subject | spatial regression | en_US |
| dc.subject | schools | en_US |
| dc.subject | real estate | en_US |
| dc.title | The Effect of School Closures on Housing Prices in Hamilton, Ontario | en_US |
| dc.type | Thesis | en_US |