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1e. Answer this question independent of questions 1a-1d. Consider a mid-sized city with a metro area population of roughly 425,000. There are a large number
1e. Answer this question independent of questions 1a-1d. Consider a mid-sized city with a metro area population of roughly 425,000. There are a large number of neighborhoods - some of which are urban (located near the city center), others are suburban. Assume that the majority of households reside in suburban areas, with city center amenities (jobs, restaurants, bars, and retail shopping) requiring a commute from the suburbs. Currently the city is served by one large public school district divided up by attendance zones that mandate which school a household can attend based on home address. The district is considering a policy that relaxes the school attendance zones, so households can attend any school in the district with available seats. Analyze the effects of this policy on schools and housing markets. Write freely, and assume that schools are heterogeneous in terms of quality before the policy will be enacted
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