August 20, 2014

Big data Wednesday – Median Home Price to Median Income ratio

Last week we highlighted how awesome and fantastic it is that San Francisco (aka the Real Bay Area) finally crushed Manhattan and New York in terms of how expensive housing has become.

So, for some data – and using some newer, brighter, colors.

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Hmm… looks like there’s still some improvement here. It looks like the South Bay really needs to step up its game to ensure that the Price/Income ratio beats that of New York metro!

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Hm, it looks like the blue line is sagging below the redline. That means housing is still probably too cheap. We need it to look more like the good ol’ days of 2003-2007!

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Yeah, some room for improvement here as well!

Ok people, let’s get to work on driving up these prices!

Click here to post a comment -- Posted by: burbed @ 5:36 am


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