News for hackers. Stuff that matters.

A comment on High-end house rents in Vancouver plunge up to 20% as inventory spikes: experts. Parent comment

Re:High-end house rents in Vancouver plunge up to 20% as inv... by crazypyro on Saturday October 20, 2018 @01:43PM (#18264428)
Not sure about Canada, but I know in many places in America, schools are budgeted on a per student basis, so losing kids (who still are going to school, just somewhere else) strains the school they are leaving with less money and then strains the schools where they are migrating to as the infrastructure now has to support more kids without having time to ramp up.

So I think the problem kind of goes both ways.

[ Parent | on HN ]
Re:High-end house rents in Vancouver plunge up to 20% as inv... by darawk on Saturday October 20, 2018 @01:52PM (#18264474)
In America, schools are also funded by property tax, though.
[ Parent | on HN ]
Re:High-end house rents in Vancouver plunge up to 20% as inv... by YokoZar on Saturday October 20, 2018 @02:15PM (#18264600)
Not universally. In California, for instance, by law half of the state budget must go to education regardless of source.
[ Parent | on HN ]
Re:High-end house rents in Vancouver plunge up to 20% as inv... by seanmcdirmid on Saturday October 20, 2018 @02:40PM (#18264748)
California is unique because of Proposition 13, though.
[ Parent | on HN ]