Correlation =/= causation. High-end housing located within poorer neighborhoods is priced lower because home-buyers value those units less than the same house l

Correlation =/= causation. High-end housing located within poorer neighborhoods is priced lower because home-buyers value those units less than the same house located within richer neighborhoods. As a thought exercise, create 100 towns with different distributions between wealthy and poor areas and price the homes in your head. The random distributions are related to what the article would describe as "resident participation".