News for hackers. Stuff that matters.

A comment on Homes in 97% of U.S. cities are overvalued, Moody's says. Parent comment

Re:Homes in 97% of U.S. cities are overvalued, Moody's says by davidgay on Thursday May 05, 2022 @11:45PM (#31281079)
What's the number of owners + long-term renters? (the likely relevant metric when looking at housing price vs local incomes)
[ Parent | on HN ]
Re:Homes in 97% of U.S. cities are overvalued, Moody's says by HWR_14 on Friday May 06, 2022 @02:32PM (#31288365)
Ah, that's one of the ways the statistic I quoted is skewed. Short term rentals aren't considered "homes" by it, so it would be 100%.
[ Parent | on HN ]