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RV Ratio vs Affordability index
I am working on learning my market by finding information out there such as population trend, major industries in the city, median household income, price, rent, absorption rate etc.
I have found good information on most of the other trends and I started review RV ratio and affordability. I have a vague idea of these indicators but they seem to me that they share similar characteristics.
Question: during my market research of my market is RV ratio or affordability really significant? Or having the other economic indicators would suffice.