In the United States, public schools are often funded by property taxes levied on the property in surrounding areas. Which of the following statements explains how this can result in a poverty trap? Select all that apply.

a. Individuals must buy a higher-priced home in order to attend a school that receives more property taxes.

b. Renters do not have to pay property taxes.

c. Schools in areas with cheaper housing will receive less funding.

d. Low-income families are able to receive the same quality schooling for less money.