I’m experiencing the same in New Zealand. In-zone houses for high-performing public schools are more expensive than adjacent houses (I.e. out of zone) by almost exactly the amount of the local private school fees. House price scales with the number of bedrooms in the same way that private school fees scale with the number of children enrolled.
So the question is; is it more beneficial for the children to get the more expensive education or to inherit the more expensive property?
Side note, “public school” here means state-owned and “private” means “owned by private individuals”, which I have heard is the opposite nomenclature to what’s used in the UK?
The point is that non-deterministic outcomes can be a solution to the problem.
We are at the stage that Donald Knuth is releasing literate programs with LLM assisted proof. They aren't stochastic parrots. They are a useful additions to the thinking mans arsenal of tools.
The market loves it too, MSFT is up 6% this week.
There are likely other things that drive this but my hope is that the share price is increasing on the idea that these patches are so disastrous that even Microsoft should be able to see that their current strategy isn’t delivering a good product.
Side note, “public school” here means state-owned and “private” means “owned by private individuals”, which I have heard is the opposite nomenclature to what’s used in the UK?
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