Journal of East China Normal University(Natural Science) ›› 2022, Vol. 2022 ›› Issue (1): 97-108.doi: 10.3969/j.issn.1000-5641.2022.01.012

• Geography • Previous Articles     Next Articles

Effect of compulsory education school quality on housing prices from a spatial perspective

Hui YANG1, Jin ZENG1, Nai YANG1,*(), Fanmin KONG2   

  1. 1. School of Geography and Information Engineering, China University of Geosciences, Wuhan 430078, China
    2. Academy of Marxism, Hubei University of Education, Wuhan 430205, China
  • Received:2020-11-18 Online:2022-01-25 Published:2022-01-18
  • Contact: Nai YANG E-mail:yangnai@cug.edu.cn

Abstract:

In this study, we used the geographic weighted regression (GWR) method to explore the impact of compulsory education quality on housing prices. For the purpose of this analysis, we considered Wuhan in Hubei Province as the study area and collected school and housing price data from websites such as Sofang.com, Jzb.com, Whjyj.gov.cn, etc. We also used the inverse distance weighted (IDW) method for visual analysis. The results showed that: ① The quality of compulsory education has a positive impact on housing prices, and provincial demonstration schools, in particular, create a relatively high price premium on housing prices; ② The capitalization effect of the quality of junior high school is higher than that of elementary school; ③ The quality of primary and junior high school education in new urban areas has the greatest impact on housing prices. The quality of the combination of primary and junior high schools in the central and northern areas of Jiangan District had a significant impact on housing prices, while the quality of schools in the Wuchang, Qiaokou, and Jianghan districts had relatively less impact on housing prices as a whole.

Key words: school district housing, educational resources, hedonic price model, GWR model, education capitalization

CLC Number: