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Average 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
by bobthepanda 5y ago
Average 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.