As retail sellers of HUD Code manufactured housing and employees of manufactured home communities know, school districts matter to millions of housing prospects. Sales are often made, or not, based on location. That location is often influenced by proximity to certain schools. With that backdrop in mind, the following from the WND NewsCenter to MHProNews is presented, with WND’s permission. It is followed by our business daily market report.
WND MONEY
Links between housing and education under review in multiple states
Homes near elite institutions worth four times those near bad schools
By WND News Services
Published April 17, 2022 at 10:44am
This story originally was published by Real Clear Education.
Jude Schwalbach
Real Clear Education
Most of the nation’s 48.2 million public K-12 students are assigned to their schools based on geographic school districts or attendance zones, with few options for transferring to another public school district. This method of school assignment intertwines schooling with property wealth, limiting families’ education options according to where they can afford to live.
A 2019 Senate Joint Economic Committee report found that homes near highly rated schools were four times the cost of homes near poorly rated schools. This presents a real barrier for many families – and 56% of respondents in a 2019 Cato survey indicated that expensive housing costs prevented them from moving to better neighborhoods. The challenge has only deepened as housing prices skyrocketed during the pandemic, putting better housing and education options out of reach for many.
Open-enrollment policies, however, weaken the link between housing and schooling. These policies let families to enroll in any public school that has open seats.
There are two types of open enrollment. Interdistrict open enrollment allows families to attend schools outside of their assigned district; intradistrict open enrollment lets families enroll in schools inside their school district, but outside their attendance zone.
Following the lead of states like Florida and Wisconsin that have strong open-enrollment policies, an increasing number of policymakers across the country are supporting open enrollment.
A proposal currently before the South Carolina state senate aims to establish mandatory interdistrict open enrollment statewide. Under the legislation, school districts could reject transfer applicants only for certain reasons, such as lack of capacity or teachers (though transfer students cannot displace students who are already residentially assigned). School districts would also be required to adhere to all federal antidiscrimination requirements and must implement a lottery to determine admission when transfer applications exceed available seats.
In Kansas, a proposal before the state senate’s education committee would require all school districts to participate in mandatory interdistrict open enrollment, so long as there are open seats. Just as with South Carolina’s proposal, transfer students could not displace residentially assigned students. Moreover, school districts would report the number of available seats to the Kansas Department of Education and post them on the district website. The proposal also prohibits charging transfer students tuition and includes a provision about providing transportation to non-resident students.
Finally, a Missouri proposal, already passed by the state house, would establish voluntary interdistrict open enrollment throughout the state. All students would be eligible to transfer to any participating school district that has seats available, and school districts would be required to post their open-enrollment policies and procedures on their websites.
To date, the South Carolina, Missouri, and Kansas open-enrollment proposals have received the approval of one state legislative chamber. If made into law, these measures would be a boon to families, greatly expanding their public education options.
Open enrollment is especially popular among families because it gives them access to schools with better academic records or more class offerings. Reason Foundation research indicates that students often use open enrollment to transfer to better schools. For instance, Texas students were more likely to transfer to school districts ranked as “A” and less likely to transfer to school districts with lower rankings, such as “C,” “D,” or “F.”
At the same time, open enrollment can serve as a catalyst for competition between schools, strengthening the education marketplace. California’s open enrollment program, the District of Choice program, was implemented in 1993; reports from the California Legislative Analyst’s Office in 2016 and 2021 showed that school districts made efforts to improve when their assigned students transferred to other school districts. In some cases, districts that made improvements saw fewer students transferring to other districts.
Unlike private school choice, which affects only 1% of K-12 students, open enrollment could expand education options for approximately 90% of K-12 students, breaking public schools’ geographic monopoly through residential assignment. As policymakers consider student-centered education options, they should remember that open enrollment can be the rising tide that lifts all boats. ##
Jude Schwalbach is an education policy analyst at Reason Foundation.
Additional Related Information
The following infographics are among those that make similar links between the importance of housing in the context of education, along with other aspects of modern society.
Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Headlines from left-of-center CNN Business – from the evening of 4.19.2022
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- MEDIA
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Headlines from Right-of-Center Newsmax 4.19.2022
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- More Russian Invasion of Ukraine
- Newsmax TV
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- The Biden administration is in the process of getting rid of a rule [Full Story]
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- Health
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MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” © Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use” © features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting.
Manufactured Housing Industry Investments Connected Equities Closing Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
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- 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
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Enjoy these ‘blast from the past’ comments. MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing and have completed over a dozen years of serving the industry as the runaway most-read trade media.
- 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
Sample Kudos over the years…
It is now 12+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
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By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.