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> From OP's calculation, a great school may cause at least $200K price increase per house Say it with me: Correlation does not imply causation! Correlation d
by heavenlyhash 8y ago
> From OP's calculation, a great school may cause at least $200K price increase per house
Say it with me: Correlation does not imply causation!
Correlation does not imply causation!
Correlation does not imply causation!
Correlation does not imply causation!
(And schools in the U.S. are funded largely by local property taxes. Therefore, the arrow of causation might very well go the opposite direction here: the places where homes are sold at higher prices are assessed at correspondingly higher taxes, and therefore those school districts get more money, and thus perhaps -- perhaps! Correlation does not imply causation! -- those more heavily funded schools are regarded as "better".)
- lwf 8y agoHow do you account for wild differences between schools in the same school district? Despite sharing a tax base, you see a sharp increase of the median house sale price across school boundaries. Aside from differences in capital investments, generally the operational funding is allocated on a per-pupil basis.
- deleted 8y ago[deleted]