I applaud the use of graphs to educate but this one is lacking forcing the reader to assume a lot.
what is the vertical axis? I assume it’s percentage change since some arbitrary time but the title text could mislead one to think it is “rate of change”
year against which everything is measured is not stated. I assume it’s 2000.
are the figures inflation adjusted? If not, the graph could well be underplaying the situation.
I assume (again) that “average” here is the arithmetic mean but medium would be a much better measure of typical incomes and mortgages repayments because it is more robust to outliers. In a country with big disparities in wealth, the income of billionairees will skew the average high.
I applaud the use of graphs to educate but this one is lacking forcing the reader to assume a lot.
From 2011 to 2013, the banks actually paid you to buy a home. Market forces, infallible logic, etc, etc.
That sounds awesome 😀 Which part of the world did that happen in?
The fantasy world in that graph.