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A comment on A group of techies is using data skills to alter Seattle's housing affordability. Parent comment

Re:A group of techies is using data skills to alter Seattle'... by lmm on Friday April 27, 2018 @12:49PM (#16942226)
A price that you can't actually buy at is a fake price. When you replace a $100k single-family home with five $200k apartments, that's one person who's price has gone up (from $100k to $200k) and four people who's price has gone down (from infinity to $200k).
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Re:A group of techies is using data skills to alter Seattle'... by sampo on Friday April 27, 2018 @02:09PM (#16942888)
At a location where apartments sell for $200k, a single-family home is probably worth at least $400k, not $100k.
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Re:A group of techies is using data skills to alter Seattle'... by tmh79 on Friday April 27, 2018 @02:55PM (#16943292)
correct, when adjusting for location, SFHs are more expensive than multi family housing, like 99.9% of the time
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Re:A group of techies is using data skills to alter Seattle'... by arh68 on Friday April 27, 2018 @01:23PM (#16942514)
Have you got any specific listings for a $100k house in Wallingford? The 3/1 in the article was reportedly $1.3 million.
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