Media: CNBC confuses “median” and “average”

Media: CNBC confuses “median” and “average”

The cost of a starter home is out of reach for most first-time buyers, except in these four cities.

Source: U.S. cities where starter homes are affordable

The article is about median incomes, and median home prices not average anthing. Thus, the reference to “average American” here is meaningless.

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