The Property Value Effects of Universal Tuition Vouchers

John Merrifield, Kerry King-Adzima, Todd Nesbit, Hiran Gunasekara

Research output: Contribution to journalArticlepeer-review

5 Scopus citations


Every school-age child in San Antonio's Edgewood school district was eligible for a large, privately-funded tuition voucher from 1998 to 2008. This paper evaluates the impact of this voucher program on residential property values in the Edgewood district. Based on realtor data (multiple listing service), the findings reveal that during the period of the voucher program there was a 9.87% increase in house prices during the early years of the program, although an increase of only 1.10% during the later years when eligibility requirements were tightened.

Original languageEnglish (US)
Pages (from-to)225-238
Number of pages14
JournalJournal of Housing Research
Issue number2
StatePublished - 2011

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting (miscellaneous)
  • Economics, Econometrics and Finance (miscellaneous)
  • Urban Studies

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