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<blockquote data-quote="Umbran" data-source="post: 8368054" data-attributes="member: 177"><p>So, when you first use a term, maybe don't use just the acronym - I presume you mean "Metropolitan Statistical Area". </p><p></p><p>I think housing prices are dependent on many things, and in complicated ways. I expect simple heuristics that hold up to scrutiny would be hard to come by.</p><p> </p><p></p><p></p><p>I'm sure it does, but not in a simple way. It also pay to be <em>very</em> careful when considering MSAs, as they are not created equal.</p><p></p><p>For example - for Boston, you name "Boston-Cambridge" and "Boston-Cambridge-Newton". Those are three adjacent towns, but we must be clear that the actual MSA they are talking about is in no way limited to those towns. That MSA includes almost the entire eastern half of the state of Massachusetts and two counties in New Hampshire! This is <em>NOT</em> a region with all the same housing prices.</p></blockquote><p></p>
[QUOTE="Umbran, post: 8368054, member: 177"] So, when you first use a term, maybe don't use just the acronym - I presume you mean "Metropolitan Statistical Area". I think housing prices are dependent on many things, and in complicated ways. I expect simple heuristics that hold up to scrutiny would be hard to come by. I'm sure it does, but not in a simple way. It also pay to be [I]very[/I] careful when considering MSAs, as they are not created equal. For example - for Boston, you name "Boston-Cambridge" and "Boston-Cambridge-Newton". Those are three adjacent towns, but we must be clear that the actual MSA they are talking about is in no way limited to those towns. That MSA includes almost the entire eastern half of the state of Massachusetts and two counties in New Hampshire! This is [I]NOT[/I] a region with all the same housing prices. [/QUOTE]
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