3 ms·
Pay is not gaussian so comparing median salary to average home price is confused (average salary is 45% more than median salary in the US with wide regional var
by dpierce9 5y ago
Pay is not gaussian so comparing median salary to average home price is confused (average salary is 45% more than median salary in the US with wide regional variation). Case Schiller also only looks at single family housing stock so it won’t capture anything higher density (apartment like condos, duplexes, etc).