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I didn’t use the word bad. I said below average. It’s a quantitative observation. When housing demand is at all time highs apartments can be as selective as the
by atlgator 5y ago
I didn’t use the word bad. I said below average. It’s a quantitative observation. When housing demand is at all time highs apartments can be as selective as they want. If they have 20 applications for a single open unit who are they picking?
- asdff 5y agoAnd that's why I think average kinda sucks here. Who is the average person renting? Maybe they are low income, maybe they are fresh out of college with no credit history at all, but in either case its probably a different makeup of financial backgrounds than what you see in homeowners and therefore the population on aggregate. Lumping these groups into the general population which includes homeowners who have been paying off credit cards for decades makes no sense. Consider the context when determining what these numbers should be, otherwise you are misrepresenting the shape of your data.