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Interesting how DC and LA seem to have similar numbers and yet DC is affordable to buy (because rents are slightly higher?) while LA is more affordable to rent
by ry0ohki 16y ago
Interesting how DC and LA seem to have similar numbers and yet DC is affordable to buy (because rents are slightly higher?) while LA is more affordable to rent and a much larger bubble indicating some dramatic difference that I don't see.
- showerst 16y agoThe circles are scaled by population, and according to the census city boundaries they're measuring LA is 3.8MM compared to DC's 600K, which is a pretty dramatic difference, although it's just an artifact of which data they chose to use for population. Personally I think they should've measured by metro areas, although unless they have detailed lat/lon for every property they sell working out that data might've been a mess.