Happy Friday, everybody. We made it to week’s end. But wouldn’t you know it? Millennials are still terrible. Admittedly this piece is over a year old, but I could not remember ever seeing it before.
If you do not recall, last year there was a debate about the spending habits of millennials and why they are not out there buying homes and properties. The point was that we waste our money on experiences like expensive coffees and, most specifically, avocado toast. So amidst all this, the BBC decided to look at how many pieces of avocado toast would be needed to purchase an apartment in 10 global cities. Neither Philadelphia nor Chicago were on that list, but New York is.
Ultimately, I have never had avocado toast. But it sounds pretty good. But I find it a stretch to think the reason I do not own a home is because I am trying to eat 12,135 slices of avocado toast.
We have a nice little piece from the Economist today, a look at the electoral majority for London-area constituencies and how their housing prices may begin to draw out priced-out Labour votes from London proper.
What I really like from the design side is the flip of the traditional choropleth density. In other words, we normally see the dark, rich colours representing high percentages. But here, those high majority constituencies are not the ones of focus, so they get the lighest of colours. Instead, the designers point attention to those slimmest of majorities and then offer the context of average home prices.
Credit for the piece goes to the Economist’s Data Team.
A few weeks ago the Wall Street Journal published a graphic that I thought could use some work. I like line charts, and I think line charts with two or three lines that overlap can be legible. But when I see five in five colours in a small space…well not so much.
So I spent 45 minutes attempting to rework the graphic. Admittedly, I did not have source data, so I simply traced the lines as they appeared in the graphic. I kept the copy and dimensions and tried to work within those limitations. Clearly I am biased, but I think the work is now a little bit clearer. I also added for context the Great Recession, during which credit tightened, ergo more properties would have been likely purchased with cash. It’s all about the context.
And my take:
Credit for the original work goes to the Wall Street Journal graphics department.