Many American school districts are funded by property taxes, and access to higher quality schools is valuable. It follows that communities with more desirable schools would also have more desirable housing.
Many American school districts are funded by property taxes
This is a red herring. Local taxes are not the only source of funding, and state / federal finding is deliberately allocated in a way that makes up the difference. Or iirc often more than makes up the difference.
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Many American school districts are funded by property taxes, and access to higher quality schools is valuable. It follows that communities with more desirable schools would also have more desirable housing.
This is a red herring. Local taxes are not the only source of funding, and state / federal finding is deliberately allocated in a way that makes up the difference. Or iirc often more than makes up the difference.