Which New Yorkers Vote With Their Wallets? Teacher Value Added, Household Sorting, and Residential Segregation

• In Event: Roundtable Session 21
  In Roundtable Session: Perspectives on Housing and Education

Abstract

This paper examines the impact of the New York City teacher quality data release on housing prices and residential demographics. Using New York City teacher quality, school report card, residential housing sales, and American Community Survey data, this paper finds evidence that the housing market responds significantly to the new information provided by the release of the teacher quality information. The results also suggest that the highly debated release of teacher quality information has had some impact on increasing the average household income and educational levels in less affluent and less educated neighborhoods. Furthermore, the results indicate that homebuyers are responding to the data release are predominately White and are displacing Hispanic and Black residents.

Author

• Elizabeth Iris Rivera Rodas, Passaic Board of Education