groll reported SSI AWI. The metric is calculated by average W2 earnings, which reports individual earnings, and would be somewhat resilient to being skewed by the super rich.
These values also scale close to the “median household income” increasing from $40k to $80k over the same time period.
The house was listed at 8.6x it’s price over the same time period. We don’t have any particular reason to think that this instance is false, and is characteristic of many constrained markets.
It is fair to say that this home uncharacteristic of the market as a whole - median house price (mspus) only increased 2.66x over the same period.
groll reported SSI AWI. The metric is calculated by average W2 earnings, which reports individual earnings, and would be somewhat resilient to being skewed by the super rich.
These values also scale close to the “median household income” increasing from $40k to $80k over the same time period.
The house was listed at 8.6x it’s price over the same time period. We don’t have any particular reason to think that this instance is false, and is characteristic of many constrained markets.
It is fair to say that this home uncharacteristic of the market as a whole - median house price (mspus) only increased 2.66x over the same period.