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Does Georgism Work, Part 3: Can Unimproved Land Value be Accurately Assessed Separately From Buildings?

Astral Codex Ten Podcast

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How to Write a Big Linear Equation for Your Factors

The authors compare it to standard multiple regression analysis and claim it fares better. What essentially comes out of this is a big linear equation with a bunch of coefficients for every one of your factors, which is then broadly fit to the observed market prices. When you're done, you can take any property on your list, multiply each of its characteristics by its respective weight, run that through your equation and calculate the predicted price of the land.

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