Paper: School shootings affect school quality, housing value

Home prices within a school district affected by a school-based mass shooting episode declined by 7.8 percent over the course of at least three years after the incident, according to a new paper co-written by University of Illinois scholar Juan Sebastian Munoz. Photo by Department of Economics

Editor’s notes: To contact Juan Sebastian Munoz, email munozmo2@illinois.edu.

Source: Illinois NEWS BUREAU

Summary
Paper: School shootings affect school quality, housing value
Article Name
Paper: School shootings affect school quality, housing value
Description
CHAMPAIGN, Ill. — A new paper co-written by a University of Illinois scholar who studies urban economics says that home prices within a school district affected by a mass shooting episode in a school declined by 7.8 percent – more than $15,000 – over the course of at least three years after the incident.