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It appears the methodology is extremely blunt - there's no mention of adjustments for square footage, rooms, income, or any other variable, just the median hous
by turkishmonky 5y ago
It appears the methodology is extremely blunt - there's no mention of adjustments for square footage, rooms, income, or any other variable, just the median household spend on renting vs house gross costs.
Since most houses are larger than most apartments, the results are going to skew towards apartments being cheaper.
https://www.lendingtree.com/home/mortgage/comparing-rent-vs-owning-a-home-in-nations-largest-metros/#Methodology https://www.lendingtree.com/home/mortgage/comparing-rent-vs-...