7 ms·
Doing median price over CA makes no sense
by foogazi 2y ago
Doing median price over CA makes no sense
- mlyle 2y agoIt makes a lot more sense than doing the mean. The typical home is a reasonable basis for comparison.
- foogazi 2y agoCalifornia is so big and vast - it’s like 6 states. All the high prices “now” are concentrated on the coast - where was that wealth 80 years ago ? Homes now are probably 3 times as big as before
- mlyle 2y agoThese first two statements are the exact reasons one would choose to use the median instead of the mean.