I simulated California housing and learned about simulators

Re:I simulated California housing and learned about simulators by heavenlyhash on Wednesday September 19, 2018 @07:41AM (#18023458)

> 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!

(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".)

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Re:I simulated California housing and learned about simulators by lwf on Thursday September 20, 2018 @12:05AM (#18029702)

How 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.

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