The problem is not expensive real estate persay; it’s supply restrictions that make real estate more expensive than necessary. Free school choice would remove much of the motive for these restrictions.
I don’t think school is the only or even the main reason for supply restrictions. People like to live with neighbours of approximately the same social standing and will actively oppose hoi polloi moving in, even without schools being involved.
I am a bit doubtful that free school choice will solve the “in some places real estate is really expensive” problem.
For example, NYC has a notoriously bad public school system and very expensive real estate.
The problem is not expensive real estate persay; it’s supply restrictions that make real estate more expensive than necessary. Free school choice would remove much of the motive for these restrictions.
E.g. in New York City..?
I don’t think school is the only or even the main reason for supply restrictions. People like to live with neighbours of approximately the same social standing and will actively oppose hoi polloi moving in, even without schools being involved.