Final answer:
Generally, bigger properties are more expensive than smaller ones in the same neighborhood, assuming all other factors are equal. However, exceptions can apply based on the specific characteristics of a property, such as historical value or luxury improvements.
Step-by-step explanation:
The question asks whether a hypothesis about property pricing in a given neighborhood is true or false. To provide context for the hypothesis, it's worth noting that real estate prices can be influenced by various factors including location, property size, amenities, and market conditions. Regarding the question itself, which suggests that bigger properties should be more expensive than smaller properties if located in the same neighborhood, this is generally true under the assumption that all other factors are equal. However, there are exceptions where this may not be the case, such as when a smaller property has significant historical value or luxury improvements. Additionally, the given context points out that neighborhoods tend to house people with similar income and education levels, which might correlate with property sizes and values.