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1、The distribution of educational resources in Beijing city and the housing pricesAbstract：House price is not only affected by national macroeconomic policy, but also affected by the public facilities and the environment around. The equilibrium distribution of education resource result in house price
2、fluctuation. That is not equity and widen the gap between the rich and the poor. We research the factors affecting the house price of Beijing key schools, result point that school district house price is 13.8% higher than that of non-school district house having similar conditions. By controlling ot
3、her public resources, like subway station, park and kindergarten, and itself property, like house age, greening rate, plot ratio, result suggest that school district house in Haidian and Chaoyang have premium of 31%. Meanwhile, they have premium of 23% totally. The result is, different house price r
4、eflect inequality of Beijings education resources, and most part of high quality resources distribute in central area. These spatial pattern is unreasonable, reducing the utilization of high quality public resources, and resulting in sharp rise of house price in the central area, lastly, expanding w
5、ealth gap. So the government should enhance quality of education and improve traffic efficiency. Through these measures, we can reach these goals: the suburbs improving its attractiveness, population density of Beijing decreasing, and more importantly, public resources distributing equality.Keywords
6、: house price; public resource; factors; inequality; population density1.IntroductionReal estate is one of the most important parts of the economy in our country, the price rise is the result of multiple factors. The quality of public resources is an important factor to affect the price of housing,
7、which is especially important in the teaching quality of residential buildings.The education resources has always been an important impact on housing prices, for example, according to the study, in , in the transition process from a poor school in London to a top school, house prices have an increas
8、e of 61000 pounds. Early studies such as Oates (1969) on the cost of real estate prices and public schools spending on each students, he found that they have a significant positive correlation, and the negative effect of house property tax on housing prices can be offset if they spend the money to t
9、he school, the study shows that residents tend to pay higher prices to better public services. And Fullerton Rosen (1977) believes that the use of each students spending in public schools as a variable is not very appropriate, because the cost of education, and other factors are not easy and accurat
10、e, so they use the average performance of students on behalf of the school quality, the results show that the data and prices are significantly positive correlation. However, it is not very good to solve the problem, in order to better quantification the quality of school teaching, Lucas Figlio () i
11、ntroduced the school quality rating report the state government issued as a supplement to the students average test score, the study shows that when introduced school quality rating system, the price will change significantly, but over time, this effect is rapidly decreasing, and only in the first t
12、ime, it play a greater role. Because of the impact of housing prices is not just the school teaching quality, which leads to missing variables, the existence of this error will affect the accuracy of the results of the regression.In recent years, the school district housing phenomenon in China has b
13、ecome more and more noticeable from the price point of view, for example Langya Road Primary School, Lixue primary school, Lhasa Road Primary School are three elite schools in Nanjing, from to April , prices rose quickly, the school district housing prices are more than 3000 yuan/m2 than the average
14、 price, even in , housing prices generally fell 8.9%, the school district housing prices in April is still stable. The mechanism by which the residents choose to choose their place of residence to influence the housing price is likely to exist in China. If this mechanism exists, it will reflect the
15、quality of education in a part of the housing price. Regardless of the economic situation is good or bad, the school district housing prices will not follow the economic law. Research shows that, some famous primary school has a significant effect on the school district housing premium.This paper fo
16、cuses on the impact of key primary school on housing prices, thus revealing the unreasonable distribution of Beijing education resources, and from the perspective of optimizing the educational space pattern, promoting equal opportunities for education and reducing population density of Beijing city, we have discussed the problem of the development of Beijing city. In this paper, we have four aspects of improvement based on the previous research, 1, the dat
