Re:Mapping the U.S. By Property Value Instead of Land Area
by tsiki on Wednesday July 08, 2015 @02:39PM
(#9853771)
I'm the most surprised how LA blows up, I thought it was quite a bit cheaper there than in SF/NY.
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Re:Mapping the U.S. By Property Value Instead of Land Area
by refurb on Wednesday July 08, 2015 @02:50PM
(#9853848)
LA county has almost 10M people living in it. SF has only 800K. If housing prices were equal, you'd expect LA to be 10 times the size (assuming an equal number of people per dwelling).
Re:Mapping the U.S. By Property Value Instead of Land Area
by bagacrap on Wednesday July 08, 2015 @05:45PM
(#9854802)
Yes, it's difficult to make a fair comparison across counties of such vastly different areas and populations. LA county includes far-off places like Palmdale which bring the average housing price way down. If you only looked at more central neighborhoods like Hollywood, Beverly Hills, Santa Monica, etc. you'd see distortion more akin to SF.