November 4, 2014
Quicken Loans released two new indices, the ‘Home Value Index’ and the ‘Home Price Index,’ as depicted in the graph above. These indices reveal that homeowners overvalue their homes in times of economic crisis. This can be seen in the graph where home values are significantly overstated by homeowners during the 2008-09 financial crisis. The opposite effect is seen when the market is rebounding: homeowners tend to undervalue their homes.
–From Quicken Loans Press Room
October 20, 2014
Wealthy high school graduates make similar incomes to poor college graduates. Nearly the same amount of rich dropouts stay in the top income quintile as poor graduates stay in the bottom (14% vs. 16%). Cumulative advantage (or disadvantage) is still noticeably present for the wealthy, even those who academically strive the least.
–from The Washington Post
October 13, 2014
These circles represent the major causes of death in England with the circle size corresponding to the number of people. Click through for an interactive version.
–from the UK’s National Health Service
October 8, 2014
When being fed the same diet, today’s chickens grow to over 4,000 grams, compared to 905 grams for a chicken common to the 1950’s. This is highly correlated to an increase in chicken consumption over the same period, which became more popular than pork in the 1990’s and is nearly as popular as beef today.
October 6, 2014
Much of the US has been in a serious drought for the past few years. Although it is indeed severe in California, the intensity of this drought is not yet as serious as the famed dust bowl of the 1930’s. Click through for interactive maps and an extensive history of American droughts.
–from The New York Times
September 29, 2014
In 1997, Hong Kong’s GDP as a percentage of the Mainland Chinese GDP was 18%, but has decreased fifteen percent over the past fifteen years, to 3% today.