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English-speaking countries can't build housing (feddit.uk)

submitted 4 days ago* (last edited 4 days ago) by NomNom@feddit.uk to c/dataisbeautiful@mander.xyz

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[–] Axolotl_cpp@feddit.it 17 points 4 days ago (1 children)

A median house price and median salary should also be calculated, those datas aren't very useful without understanding the economic condition of the people

[–] Not_mikey@lemmy.dbzer0.com 22 points 4 days ago (2 children)

The graph is change in real prices that means inflation / cost of living adjusted. The anglophone countries would need to see equivalent real wage growth to make it just about salaries, which as far as I know they haven't.

[–] FishFace@piefed.social 0 points 3 days ago

If only they taught you how to read graphs in school ://///

[–] WhatAmLemmy@lemmy.world -4 points 4 days ago* (last edited 4 days ago) (2 children)

In statistics, making inferences and drawing conclusions from a limited number of variables is considered disingenuous (at best).

[–] SmoothOperator@lemmy.world 10 points 4 days ago

The statement in the title of the graph is fully supported by the data shown. What inferences do you think have been made in error here?

[–] FishFace@piefed.social 3 points 3 days ago

Lol wtf does that mean? What would a set of variables that isn't "limited" even look like? What variables would you need to include to determine whether Anglophone countries had, indeed, built less housing and incurred greater price increases?