@TechReport{iza:izadps:dp16726,
            	author={Goehausen, Johannes and Thomsen, Stephan L.},
            	title={Housing Costs, College Enrollment, and Student Mobility},
            	year={2024},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={16726},
            	url={https://www.iza.org/publications/dp16726},
	abstract={We study the effects of rental price changes on college enrollment rates. We exploit cross-district variation in the size and timing of local rental price booms in Germany during the 2010s. A one standard deviation increase in apartment rents decreased per-capita college enrollment by 1.1 percentage points on average. The effect was driven by first-year students moving long distances and was more pronounced in less densely populated locations. Housing costs - the largest component of students' expenditures and an important location factor - have contributed to the slowdown in higher education expansion and reduced the skill-binding effect of universities, exacerbating regional inequality.},
	keywords={college enrollments;housing market;apartment rents},
            }