I'm not sure if the "Rent Index" is any legitimate metric or just some abstraction invented by ApartmentList, which is an online marketplace for housing (lol).
It does look like first derivative of rent cost to me. Net change in rent would be the signed area under this curve.
Smuggest liberal's understanding of the fundamental theorem of calculus
I am a little confused by what the graph actually represents in terms of net change. Is this the first derivative of the actual graph, so to speak?
I'm not sure if the "Rent Index" is any legitimate metric or just some abstraction invented by ApartmentList, which is an online marketplace for housing (lol).
It does look like first derivative of rent cost to me. Net change in rent would be the signed area under this curve.