I believe my point was that, as wages change, so does that number. Isn't that part of the whole "cost of living" differences from one place to the next? People make different amounts of money, therefore they can spend different amounts of money on things they need, and the supply/demand curve adjusts accordingly?
See: price of an apartment in Washington vs Texas
Long complaint short: It's broken. How do we fix it?
See: price of an apartment in Washington vs Texas
Long complaint short: It's broken. How do we fix it?