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It's not clear to me how "home prices" are defined here. If it's a mean, then these numbers would be a comparison of means to medians, which could be misleading
by dynm 5y ago
It's not clear to me how "home prices" are defined here. If it's a mean, then these numbers would be a comparison of means to medians, which could be misleading. in that it would be skewed by heavy tails in homes but not in incomes. (Of course, I don't doubt that Hawaii and California will end up as relatively unaffordable regardless of how you calculate things.)
- deleted 5y ago[deleted]
- deleted 5y ago[deleted]