housing prices and education level

This focus of this research was to find whether the number of highly educated residents has a significant effect on regional housing prices in the Netherlands. The model used to conduct the statistical analysis was based on a model of house price determinants constructed by Alan K. Reichert (1990). His model was extended with a variable for the number of highly educated residents per region. The study finds that the number of highly educated residents has a significant positive effect on housing prices, at a ten percent significance level.