3 ms·
Why don’t you just calculate the medians and find out?
by simonh 6y ago
Why don’t you just calculate the medians and find out?
- souprock 6y agoThe median of what? Do we count the new construction, or do we just look at the rising rent in the original city? We can have a situation in which rent for every home doubles in price, yet the median rent goes down. Do we care about the rent being demanded, including for vacant homes, or just the rent being paid? There are lots of ways to make a "correct" conclusion that is highly misleading. Apparently the study looks only at the 50 largest cities. That would ignore any rent decrease in small cities. One would expect exactly that if people are moving toward the largest cities.