3 ms·
rents, not house prices, unless I'm mistaken
by opportune 9y ago
rents, not house prices, unless I'm mistaken
- maxerickson 9y agoYes, that's "housing". It factors in the housing value of owned homes. (If you pay $1500 a month to buy a house where you could rent the equivalent for $1200, is the extra $300 really a cost of living in that area?)
- xkjkls 9y agoRents and house prices are heavily correlated.