Rather than a lack of supply, housing affordability "may primarily be about differences in income growth at the top of the distribution relative to the middle."
By showing average and median, you can sorta infer. In 2000, median matched housing price, by 2025 housing price is like 50% higher than median, whereas it’s in line with average. This means that the poor people are extremely less able of affording a house.
By showing average and median, you can sorta infer. In 2000, median matched housing price, by 2025 housing price is like 50% higher than median, whereas it’s in line with average. This means that the poor people are extremely less able of affording a house.
I think your "mean"s should be " median"s.
Thanks a lot for the correction!
It would not surprise me if even the 90th percentile lags