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by mikeryan
1507 days ago
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The Moodys analysis, as I understand it, is house prices relative to median incomes in a market. I don’t think it’s a fluke that the overvalued markets correlate to regions that a lot of tech has moved over the pandemic like Boise, FL, TX and Nashville. If they’re measuring current house prices to 2020 and 2021 tax data then they may be missing an influx of income in the denominator as well. |
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