ilmscore | Income Growth vs. Home Values Disparity Predictions
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A 10% increase in median income ($45,000) results in a $4,500 rise, while a 10% increase in median home value ($450,000) results in a $45,000 rise, showing a 10x greater impact on home values.
"if the median income is forty five thousand dollars a year and the median home value is 450 000 a 10..."
Dec 5, 2022
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