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This claim seems backwards. If you tried to determine the value of real estate from an arbitrary metric, then sure, people would game it. But if value is determ
by fenomas 9y ago
This claim seems backwards. If you tried to determine the value of real estate from an arbitrary metric, then sure, people would game it. But if value is determined by a market, like it is in the real world, surely you can observe the metrics and then use them to predict what value the market will arrive at (independently from your prediction), can't you?