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Started By
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re: The Medium income Amercan Family now earns 1/2 the income needed to buy the avg home.
Posted on 3/14/25 at 9:47 pm to LSUconvert
Posted on 3/14/25 at 9:47 pm to LSUconvert
quote:
Found another reason you should stay away from math
My God. This stupid frick is doubling down.
1
Posted on 3/14/25 at 9:48 pm to LSUconvert
Posted on 3/14/25 at 9:48 pm to Grumpy Nemesis
quote:
This stupid frick is doubling down.
So just to go on record here, a median is not an average?
Wanna bet?
Posted on 3/14/25 at 9:50 pm to LSUconvert
quote:
So just to go on record here, a median is not an average?
Wanna bet?
Sigh. A type of Average. You're being a silly nitpick
Posted on 3/14/25 at 9:50 pm to Grumpy Nemesis
quote:
Sigh. A type of Average.
Awesome.
Glad we can agree on a median being an average
Posted on 3/14/25 at 9:51 pm to Grumpy Nemesis
quote:
Sigh. A type of Average. You're being a silly nitpick
Moreover, just like the mode is a type of average, both the median and the mode become ever shitter averages the less normally distributed the data is.
Posted on 3/14/25 at 9:52 pm to Grumpy Nemesis
quote:
Moreover, just like the mode is a type of average, both the median and the mode become ever shitter averages the less normally distributed the data is.
Congrats, you've now caught up to 6th graders.
Posted on 3/14/25 at 9:52 pm to LSUconvert
But, since we're bringing up the median. Would it be asking to much after 37 pages for the OP to fricking fix their thread title!! 
Posted on 3/14/25 at 9:53 pm to Grumpy Nemesis
quote:
fricking fix their thread title
There is nothing wrong with the thread title.
You're being a nitpick if you think referring to a median as an average is wrong.
Posted on 3/14/25 at 9:54 pm to LSUconvert
quote:
There is nothing wrong with the thread title.
You're being a nitpick if you think referring to a median as an average is wrong.
OK. Maybe I'm drunk but I'm pretty certain the thread title says Medium when it means Median.
Posted on 3/14/25 at 9:54 pm to Grumpy Nemesis
quote:
thread title says Medium when it means Median.
Posted on 3/14/25 at 10:46 pm to Grumpy Nemesis
They are all measures of centers. Not averages. Mean is average. Jesus Christ.
Posted on 3/14/25 at 10:49 pm to Boss
quote:
They are all measures of centers. Not averages. Mean is average. Jesus Christ.
Look, I think he's being nitpicky and we all know what we mean when we say average................but, he's not technically wrong.
Types of Averages
Posted on 3/14/25 at 11:11 pm to the808bass
quote:
The CPI adjusted median price in 2006 (the peak before the crash) was around $340k. Now it’s around $420k.
I am comparing what I paid for my first house in 2011 to what I would pay for the exact same house in 2025.
Posted on 3/14/25 at 11:28 pm to djsdawg
Right. You’re comparing the trough after 2008 to today.
Posted on 3/14/25 at 11:39 pm to the808bass
Guess I got lucky.
Posted on 3/14/25 at 11:48 pm to Boss
quote:
They are all measures of centers. Not averages.
Wrong.
A mode is an average. A mean is an average.
This is stuff elementary school kids are tested on. Do better.
Posted on 3/15/25 at 12:11 am to Lightning
There's still plenty of vinyl flooring and synthetic surfaces being used, they're just made to look like wood or stone. That's kind of a weird thing to have become such a big focus of this thread, though.
I do wonder about the larger square footage demand. Anecdotally, any teardowns I see in my area get replaced with much larger, more expensive homes, pricing out starter families like the same neighborhoods originally served. Census numbers seem to demonstrate that, too, with population numbers in trendy areas staying pretty flat despite new construction.
I read an article showing that Inner-Loop Houston, for instance, is hovering around the same population as it did in the 1950's, despite the construction of more high rises and townhomes in place of single-family residences.
I do wonder about the larger square footage demand. Anecdotally, any teardowns I see in my area get replaced with much larger, more expensive homes, pricing out starter families like the same neighborhoods originally served. Census numbers seem to demonstrate that, too, with population numbers in trendy areas staying pretty flat despite new construction.
I read an article showing that Inner-Loop Houston, for instance, is hovering around the same population as it did in the 1950's, despite the construction of more high rises and townhomes in place of single-family residences.
Posted on 3/15/25 at 5:30 am to LSUconvert
quote:No nitwit. Sorry I missed this BS yesterday, but that is not the context in which you made the claim.
Glad we can agree on a median being an average
A poster cautioned against conflating medians and averages (means). Your response "median IS an average," implied there is no difference between the two, even after he was cautioning readers here to recognize the difference.
Perhaps you were attempting to be cute?
If so, you should have simply acknowledged your comment was an attempt at humor, and moved on. Instead, you followed it with a dumb response to me, and others.
The poster was specific in his terminology, using the term "average" as contradistinct from "median." His specific reference to "averages" had nothing to do with means of averaging. It had to do with averages as means, which in turn is a terrible measure of societal wealth.
Posted on 3/15/25 at 6:46 am to LSUconvert
You didn’t graduate HS did you.
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