We can use regression to separate out these difference attributes at different levels, and see they each contributes to the market value of a home. The main insight is that home price is a variable that aggregates a tremendous amount of information about characteristics of houses, neighborhoods, and cities.
Introduction to models where the outcome is home value: hedonic pricing models. (2) build your baseline model of neighborhood change before adding the policy variables in the next lab. (1) practice variable transformations and This week you will accomplish two things:
