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

Re:Homes in 97% of U.S. cities are overvalued, Moody's says by Biologist123 on Friday May 06, 2022 @02:01AM (#31281787)

That’s a sweeping comparison. I’ve visited both and my take would be that Europeans have a higher standard of living than Americans. But that’s just a hunch, I’d be interested to see a breakdown by specific metric and class.

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Re:Homes in 97% of U.S. cities are overvalued, Moody's says by AlchemistCamp on Friday May 06, 2022 @02:23AM (#31281909)

I'd take data over an anecdote or hunch.

Specific breakdowns are harder to find, but top of line numbers are pretty easy to find in a minute on Google: https://datacommons.org/tools/timeline#place=country%2FUSA%2...

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Re:Homes in 97% of U.S. cities are overvalued, Moody's says by Biologist123 on Friday May 06, 2022 @09:59AM (#31285159)

I’m not sure GDP is a reliable national wealth indicator in countries with very high levels of inequality and cost of living. Certainly not as a comparator. Plenty to google on that too. This isn’t a criticism of your point - more that we need a better set or metrics to evaluate “wealth”.

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