3 ms·
Poorer relative to the other neighbors, not poorer in absolute terms.
by clarkm 16y ago
Poorer relative to the other neighbors, not poorer in absolute terms.
- ryanwaggoner 16y agoExactly, and the term "needier" conveys an extra piece of the puzzle that these data do not support. Steve Jobs is poorer than Bill Gates by an order of magnitude, but he's hardly needy.
- _delirium 16y agoFor housing, your relative slice of a community's wealth is actually a pretty good predictor which bits of land/housing you'll be able to buy / live on, since real-estate prices in a region tend to rise with its GDP.