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What do the numbers you get when you hover over a neighborhood mean? They seem to be somewhat contradictory. Household income to afford this rent is always way
by tallowen 13y ago
What do the numbers you get when you hover over a neighborhood mean? They seem to be somewhat contradictory.
Household income to afford this rent is always way higher than the median income of those who actually live there. Is there an error in the way these numbers are being calculated or am I misunderstanding the headings?
- dmckeon 13y ago1) A mismatch between the "2 bedroom" metric and the actual mix of occupied dwelling spaces. 2) Marginal demand - current supply and demand has more effect on currently available properties than on previously existing leases. If rent control is in effect, long-time rentals may cost much less than the current market rates.