Re:Nearly half of American workers don’t earn enough to affo...
by Grakel on Thursday August 12, 2021 @07:46PM
(#28163279)
What about only including data from places people want to live? You can buy a house in South Dakota for 25,000, but that not useful information when looking at national housing inflation.
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Re:Nearly half of American workers don’t earn enough to affo...
by Retric on Thursday August 12, 2021 @07:47PM
(#28163292)
Median cuts things in half, it’s effectively the middle of housing desirability. You might want to live in NYC or SF, but most of the US doesn’t.
Re:Nearly half of American workers don’t earn enough to affo...
by gruez on Thursday August 12, 2021 @07:53PM
(#28163355)
>What about only including data from places people want to live
Shouldn't the median sale account for this? If there's a buyer presumably somebody wants to live there, and if there are 1000 sales in CA but 10 in SD that would be accounted for as well.
Re:Nearly half of American workers don’t earn enough to affo...
by msrenee on Friday August 13, 2021 @08:44AM
(#28168177)
South Dakota would be nice. We were up there for a couple days this spring and it was tempting. Nice people, little bit of scenery, cost of living is reasonable. Definitely beats moving to someplace that's crowded and hectic or at high risk for flooding or wildfires.