For the map enthused!
Rules:
post relevant content: interesting, informative, and/or pretty maps
be nice
Once again, Portugal is so far west it underflows into eastern Europe.
Is this 3D diagrams across a 2D map?
This is, quite possibly, the most useless map I've seen.
Not only is it using average salaries, it's also only looking at country capitals, where executive salaries are notoriously obnoxious.
For this to have any real-life use, it should be using the median salary, at the very least, and use the average apartment price based on data from, I don't know, top-10 cities.
lisbon 🥀🥀
I can't speak for the other countries, but HOW IN THE FUCK would you even find a 1 bedroom apartment in Berlin?
Also, the average salary isn't what someone living in a 1 bedroom apartment would earn.
I'm over 40, working as an IT sysadmin, and just recently started making an average salary for Germany.
The average is skewed heavily by the top 10% who make a lot more than everyone else.
If you want to discuss housing prices, compare with the median instead.
What part of tiny pie charts was necessary? Just make a heatmap but in dots.
A histogramme would have been great. The map doesn't bring much.
Around 7% for a 5 bedroom house, including property taxes. I got lucky, landing a $106k purchase and then getting a $110k salary a few years later.
I hate my house, but it's mine and it's 7% of my base salary. It's lower than mine and my employers combined contributions to my rpp and rrsp.
I dread my renewal next summer..
Looking at this map and its indecipherable piecharts made me go "huh most of the capitals are actually livable" ... then I compared them with the only place where I have an idea of the rent, Copenhagen, and WTF?
I wouldn't even move to Copenhagen, how the fuck are y'all affording these other prices? Undisclosed income? WTF?!?
Average salary is a useless metric. A small number of people make so much money that it raises the "average" to much more than what the "average" worker earns.
RIP Lisbon
Investment funds hoarding all houses on the market. Entire buildings getting purchased and people evicted, just to transform them in to another boring AirBnB or hostel.
Waddahell goin on in Portugal. How are they not dead from starvation or is food just that cheap?
Geezus Lisbon, get your shit together.
"Wow can't be fun to live in Tiran- holy fuck Lisbon!"
Tirana got crazy quick. 2 years ago we rented a 3 bedroom in the center for €850/month. Now you frequently see 1 bedrooms further out for €1200.
#portugalsukablyat
How you doin Lisbon?
They can't answer. The internet money was used to tip the landlord.
Local politicians seem to be more interested in "unicorn factories" and WebSummit show off events than solving the issues of the people that elected them. Twice. So the voters may not be too bright either.
No but seriously, Lisbon how?
demand
lots of people want to live there. rents go up.
And there are always openings because they all starve to death?
no, the demand is very recent. 10 years ago nobody know wtf lisbon was. now is i very 'hot' place to travel/live, hence the rents skyrocketed.
It's also become "Europe's China", the place where all manufacturing goes from companies that want a "made in EU" label.
So there's a huge influx of workers, driving up the housing demand.
isn't that because it's economically underdeveloped, hence cheap wages for such work?
yes
Weird choice to not include cities as big as the capitals. Milan, Zurich and Barcelona would definitely have been interesting.
Terrible charts aside, Bern and Vienna were surprising to me. Good wages? Or rent control laws?
adequate housing supply for the housing demand.
a concept a lot of cities actively refuse to believe is possible by their obsession with limiting development.
for rents to be stable you need 6-7% of available units vacant. almost double that vacancy if you want to drive prices down.
the vacancy rate in many places is like 1%. hence the rents going up super fast YoY. in my city people bid up rent because there are so few apartments available. so it lists for 2800/mo and the person that gets it is paying 3200/mo.
my city builds like 5000 new apartments per year. the population is growing by like 25,000 people per year. so the rent is skyrocketing. we keep adding lots and lots of jobs. every new development is like 5000 jobs, and 100 apartments. where are the other 4900 people going to live?
one reason why vienna is better than other cities:
https://en.wikipedia.org/wiki/Gemeindebau
they saw a problem and started building
lol one complex is even called karl marx hof
edit: chart is awful indeed it features capital cities only. Berlin is still cheaper than München. not for a lack of trying tho
unfortunately there is no amount of wage that prevent high rent.. on the contrary. All the city with low relative rend have rent control laws.
And they must be updated often since landlords try to sneak their way.
For exemple, in Paris, there is a fashion trend of building offering " coworking rent", where they rent you a 10m2 for exuberant price, and they justify it by having a "PC room " in the building or something. So the city is in the process of banning thoses "coworking" place, which are just a way to bypass rent control law
Seriously go look at pictures of Bern, Switzerland right now.
Make sure you get only the largest, densest cities. Perfect.
Maybe a zoomable heat map would've been more fair.
What's going on in Lisbon?
Policies that are too welcoming to expats with high incomes and foreign remote workers that like sunny weather and cheap everything.
Also: air b&b’s and cheap ryanair flights
This is a bad "map". The pie charts add clutter to the image, and it's not immediatly obvious how two cities compare. The country borders offer no additional information other than vague context for those who know what countries are located where. Since there is only one datapoint per country, it might as well have been a line of columns showing percentage of salary used by colouring part of the column red. The map medium does not help in anyway to provide the information.
Using a pie chart to represent a single (scalar) data point ... Bad map! Bad map!
This isn't factoring in other factors, like how the tax rate in Bern is very high, or how the cost of living is very high
tax rate in Been is very high What? Swiss taxes are a joke.
Or the % of home ownership.
ITT: people with no idea how to represent a proportion.
Pie charts are correct, here.