3 ms·
> Their average assessed value before the sale was $151,585. I don't know quite how to analyze this data. But an average is an oversimplification of a series o
by wyldfire 6y ago
> Their average assessed value before the sale was $151,585.
I don't know quite how to analyze this data. But an average is an oversimplification of a series of years during which the properties' values were changing. What if they started at 200k at the beginning and then eventually sold for 100k at the end? Not necessarily unreasonable or unfair that they were assessed higher than 100k in that case. And because of differences among the properties it might at least be sane to do a median of each property's average-over-years.
NYT is probably right that there's an issue but '07 to '16 is probably not the best time period to sample.