U.S. house prices are rising exponentially faster than income

Re:U.S. house prices are rising exponentially faster than in... by salamandersauce on Saturday October 30, 2021 @08:10AM (#29048161)

Average doesn't necessarily mean that, often the mean is used and often that's not equal to the median. If housing prices are left skewed then the median is going to be greater than the average so more than 50% of people would be paying more than the mean.

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Re:U.S. house prices are rising exponentially faster than in... by wave_function on Saturday October 30, 2021 @09:10AM (#29048476)

I think the point was that it is true specifically when it comes to housing (also income and wealth for that matter)

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