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All else being equal, if you have two neighboring school districts, one with good schools and one with bad schools, people will be willing to pay more for house
by klipt 5y ago
All else being equal, if you have two neighboring school districts, one with good schools and one with bad schools, people will be willing to pay more for houses in the good school district.
So higher house prices will tend to correlate with better schools.
- lotsofpulp 5y agoThe causation will be more like if you have two neighboring school districts, the one with higher house prices will tend to be the good school district because the kids’ will be coming from houses with educated and financially successful parents like doctors, engineers, lawyers, business owners, etc.