3 ms·
Do you have a quantitive way of making the distinction of what "a lot" is? 150k is substantially more than the average SF household, and is about 83 percentile
by rkk3 5y ago
Do you have a quantitive way of making the distinction of what "a lot" is? 150k is substantially more than the average SF household, and is about 83 percentile for individuals.
https://dqydj.com/income-by-city/ https://dqydj.com/income-by-city/
- bobthepanda 5y agoAverage home prices in SF is 1.3M, so a household of two teachers would give them a P/E ratio of 5. The P/E ratio for the average US home is 4.4. Are teachers overpaid, or are people in SF underpaid relative to the value of a house?
- kesselvon 5y agoa P/E ratio of 4.4 is nuts. The fact that we normalized that is wild. Same for committing 30% of net income to housing.