proof_required
proof_required t1_jdrc1mm wrote
Reply to comment by Powerhx3 in [OC] The average living space in Germany was around 92m² (990 sq ft) in 2021 by 23degrees_io
Welcome to Europe! It's not NA. These would cost you at least 500K Euros in any big German city.
proof_required t1_jdqvyix wrote
Reply to comment by bto29 in [OC] The average living space in Germany was around 92m² (990 sq ft) in 2021 by 23degrees_io
I am talking about actual city also. Berlin and Hamburg are in a different color shade (70-80) from Munich (90-100). The color gradient isn't great though.
EDIT: you're right about Munich city (71 sq.m.) vs Munich region (96 sq.m.)
proof_required t1_jdqujrb wrote
Reply to comment by bto29 in [OC] The average living space in Germany was around 92m² (990 sq ft) in 2021 by 23degrees_io
It's 96 sq.m. Yeah not the highest but in comparison to Berlin with 70 sq.m., it's still high. Berlin is supposed to have slightly cheaper per sq.m. price.
You can go to the attached link in OP's source and see different cities. I would have highlighted the state capitals though in the plot.
proof_required t1_jdqtn32 wrote
Reply to comment by bavbarian in [OC] The average living space in Germany was around 92m² (990 sq ft) in 2021 by 23degrees_io
It just averages over all living space in that region. So apartment and houses, not people. The data source says so. It's in German.
proof_required t1_jdqt2mv wrote
Reply to [OC] The average living space in Germany was around 92m² (990 sq ft) in 2021 by 23degrees_io
So south and west live in bigger space. Surprised to see Munich having larger average living space given how expensive the living space is there.
EDIT: Munich city itself is only 71 sq.m. vs region which is 96 sq.m.
proof_required t1_jbpjbm1 wrote
Reply to comment by Achillies2heel in [OC] Ratio of Median Sale Price of Single-Family Homes to Per Capita Income, by Metro Area by thatdude333
Is this like what they show in some of the Hollywood movies? I kind of found it calming. But yeah I can understand living there for 20 years can wear you down.
proof_required t1_ja5n331 wrote
Reply to comment by fepeee in The price of a Starbucks Latte, by country by kavithatk
Although it's Euros. And the map shows in dollars. Currently 3.99 euros is 4.21 dollars which isn't very far off 4.49 dollars you see on the map.
proof_required t1_ja5cilr wrote
Reply to comment by fepeee in The price of a Starbucks Latte, by country by kavithatk
Here on Google map you can see a screenshot of a starbucks menu in Berlin.
proof_required t1_ja56oj9 wrote
Reply to comment by ToughAd5010 in The price of a Starbucks Latte, by country by kavithatk
Can be said about lot of other prices - gas, housing, electronics, clothing.
proof_required t1_ja56dms wrote
Reply to comment by fepeee in The price of a Starbucks Latte, by country by kavithatk
Are you sure it was tall latte? I remember paying 3 euros for some small coffee. Even outside of Starbucks a cappuccino in normal Cafe in Berlin will cost you 3 euros. So unless you ordered an espresso, 3 euros at the airport sounds bit unbelievable.
proof_required OP t1_j9jyoxc wrote
Reply to comment by hatsuseno in [OC] Median House Price to Income Ratio By Country by proof_required
You can check here but their median house price calculation is something like this
public double calculateMedianHousePrice() {
return (calculateMedianHousePriceCityCentre() + calculateMedianHousePriceOutsideOfCentre()) / 2;
}
Also
> Price to Income Ratio is the basic measure for apartment purchase affordability (lower is better). It is generally calculated as the ratio of median apartment prices to median familial disposable income, expressed as years of income (although variations are used also elsewhere). Our formula assumes and uses: > * net disposable family income, as defined as 1.5 * the average net salary (50% is assumed percentage of women in the workforce) > * median apartment size is 90 square meters > * price per square meter (the formula uses) is the average price of square meter in the city center and outside of the city center
proof_required OP t1_j9jtn0h wrote
Reply to comment by 18gr in [OC] Median House Price to Income Ratio By Country by proof_required
I suppose never ending war and poverty would be the big cause.
In general what we see here is even with all the exorbitant housing prices in most of developed countries, the situation is much worse in poorer part of the world. Iraq and Palestine seem to be the only odd country in bottom 20.
proof_required OP t1_j9jkna2 wrote
Source: Numbeo
Tools: R/ggplot2
Submitted by proof_required t3_118xr9l in dataisbeautiful
proof_required t1_jdrkvni wrote
Reply to comment by Powerhx3 in [OC] The average living space in Germany was around 92m² (990 sq ft) in 2021 by 23degrees_io
Yep and salaries aren't even high though to justify that. Even high skilled workers in IT etc can't afford these places!
It's also the byproduct of countries being much smaller. So lands are expensive in general especially in central/western European countries.
Buying a house like that you mentioned even outside of major German cities won't be much cheaper.