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I would like to see the dataset the NYT article is using because if they're comparing a HOUSE versus say an apartment that's an apples to oranges comparison. If
by ladyattis 5y ago
I would like to see the dataset the NYT article is using because if they're comparing a HOUSE versus say an apartment that's an apples to oranges comparison. If they did a head to head with renting a house versus buying a house then this would be more fair.
- turkishmonky 5y agoIt appears the methodology is extremely blunt - there's no mention of adjustments for square footage, rooms, income, or any other variable, just the median household spend on renting vs house gross costs. Since most houses are larger than most apartments, the results are going to skew towards apartments being cheaper. https://www.lendingtree.com/home/mortgage/comparing-rent-vs-owning-a-home-in-nations-largest-metros/#Methodology https://www.lendingtree.com/home/mortgage/comparing-rent-vs-...