MAPS
Map: Where Real Estate Prices are Rising Fastest
Published
5 months agoon
December 19, 2018
Mapped: Where Real Estate Prices are Rising the Fastest
The real estate market is a location game.
While forces like interest rates, demographics, and the economy help drive the housing market as a whole, the strength of your local market depends on other factors closer to home.
When you zoom out to look at U.S. real estate from a bird’s eye view, you’ll see this regional variance in full effect. Some markets are booming while others are tanking, and the contrast between the winners and losers is a stark one.
Real Estate Booms
Today’s infographic comes from TitleMax, and it shows where real estate prices are appreciating and depreciating the fastest.
We’ll start on the high end: here are the 10 cities that have seen the highest absolute growth in terms of price per square foot over the last five years.
| Rank | City | State | Price change (per sq. ft) |
|---|---|---|---|
| #1 | Beverly Hills | CA | +$764.43 |
| #2 | Fisher Island | FL | +$493.16 |
| #3 | Mountain View | CA | +$452.67 |
| #4 | San Carlos | CA | +$419.87 |
| #5 | Cupertino | CA | +$418.44 |
| #6 | Sunnyvale | CA | +$408.66 |
| #7 | San Francisco | CA | +$381.16 |
| #8 | San Mateo | CA | +$370.61 |
| #9 | Santa Monica | CA | +$364.48 |
| #10 | Manhattan Beach | CA | +$363.11 |
Median home price change over 5-years, measured in price per sq. ft (Source: Zillow)
The only non-California locale to make it onto the list is Fisher Island in Miami, Florida, which is home to just 467 residents including Andre Agassi, Oprah Winfrey, and Robert Herjavec.
While these are absolute increases, it’s worth noting that they are still very significant in relative terms. For example, although it’s true that Beverley Hills is the most expensive housing market in the U.S., prices have risen 47% over the last five years.
Real Estate Busts
Things may be rosy in the Golden State, but there are also places spread throughout the country where prices are dropping fast.
Many of these are smaller, lesser-known locales – and while they are located all over the map, eight of them are in states along the Eastern Seaboard.
| Rank | City | State | Price change (per sq. ft) |
|---|---|---|---|
| #1 | Sunset | SC | -$64.31 |
| #2 | Sharon | CT | -$63.21 |
| #3 | Lake Toxaway | NC | -$56.32 |
| #4 | Atlantic City | NJ | -$54.16 |
| #5 | Somers Point | NJ | -$43.99 |
| #6 | Ticonderoga | NY | -$39.64 |
| #7 | Hamburg | NJ | -$38.11 |
| #8 | Glenbrook | NV | -$34.36 |
| #9 | Winsted | CT | -$34.23 |
| #10 | Mercer | WI | -$31.69 |
Median home price change over 5-years, measured in price per sq. ft (Source: Zillow)
A Stark Contrast
If you sold a 1,000 sq. ft condo in Beverley Hills – the country’s most expensive real estate market – it would likely net you about $1.6 million.
What could you buy for that in Tamaqua, PA, the country’s cheapest?
In theory, you could pick up roughly 71,000 sq. ft of real estate – that’s about 10 mansions worth, or just short of the size of an average Walmart.
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MAPS
Mapped: The Literal Translation of Every Country’s Name
From Colombia to China, explore this map to uncover the diverse histories and cultures represented in the literal translation of each country’s name.
Published
2 days agoon
May 18, 2019By
Iman Ghosh
Mapped: The Literal Translation of Every Country’s Name
View the full-size version of the infographic by clicking here
These days, planes, trains, and automobiles can deliver us to any destination we can name. But how often can we say we know the origins of those names?
Today’s map comes to us courtesy of Credit Card Compare, and it visualizes the literal translations of every country’s name, arranged by continent. Of course, naming conventions are always layered and open to interpretation — especially when they’ve gone through multiple levels of translation — but it’s still an interesting exercise to trace where they are thought to come from.
North America
Starting with the Great White North, Canada’s name is derived from the Indigenous Huron people. Kanata means village, or settlement, in the Iroquoian language. Meanwhile, The United States of America was named in honor of the Italian explorer Amerigo Vespucci. Vespucci is credited with correcting Columbus’ error, in which the latter mistook the New World for the East Indies.
Finally, Mexico comes from the simplified Spanish translation for the Aztec capital, Metztlixihtlico, which is said to mean “place at the center of the moon”. The word is a blend of mētztli for ‘moon’, xictli for ‘navel’ or ‘centre’, and the suffix -co for ‘place’.
South America
Brazil’s name is actually shortened from Terra do Brasil (land of Brazil). The brazilwood tree, or pau-brasil, was valued highly in the early 16th century. It was used to produce red dyes for the European textile industry — hence the “red like an ember” moniker.
Uruguay has a couple of meanings attached to it, the first being “Bird’s Tail” in reference to the uru, a type of quail that lived by the river. Another association is the uruguä, a species of mussel, for which the country is named “River of Shellfish”. It’s interesting to note the relationship to water and rivers, which is reflected in the similarly-themed naming history across the continent.
Venezuela is named for its resemblance to the Italian city of Venice, thus gaining the title of “Little Venice”. Another area also named after European cities? Colombia, which was originally named “New Granada” in a hat tip to the capital of the Spanish province.
Europe
The “Land of the Franks”, France, gets its namesake from the Latin word francia. This dates back even further to the Old German word franka, meaning brave, or fierce. There’s also a political angle to the name: King Louis V famously proclaimed that “France signifies freedom”.
The exact origin for Germany is unknown, possibly because it was composed of various tribes and states before 1871. It’s known as Deutschland (for “of the people”) in German, Alemania in Spanish, Niemcy in Polish, and Saksa in Finnish. Another theory ties it with the Celtic word ‘gair’ for neighbor.
By the Mediterranean, the boot-shaped country of Italy gets its name from the symbol of the Southern Italic Vitali tribe: the bull. The name is connected to the Latin vitulus for ‘calf’ or ‘sons of the bull’. Another interpretation is the phrase diovi-telia, which translates to “land of the light”.
Asia
China’s English name comes from the Qin dynasty, the first unified and multinational state in Chinese history. Although the dynasty only existed between 221-207 BC, it had a profound and lasting influence on the country. A fascinating tidbit is that China’s name in fact borrows from the Persian language, and even Sanskrit.
India’s name comes from Greek, but also the Sanskrit Síndhu, where both refer to the Indus River. Bharat is another official and historically significant name for the Republic of India, and Hindustan is an alternative name for the region, but its use depends on context and language.
Oceania
The Land Down Under of Australia is fairly geographical in its name, drawn from the Latin australis for “southern”. The explorer Matthew Flinders popularized the name as we know it in 1804, and “Australia” replaced “New Holland” as the official continent.
The Māori name for New Zealand is Aotearoa, which is most commonly defined as “the long white cloud” — a reference to early Polynesian navigators discovering the country by relying on cloud formations.
Africa
The name Egypt comes from the Ancient Greek Aiguptos and Latin Ægyptus, and is also derived from hūt-kā-ptah (Temple of the Soul of Ptah). The ancient Egyptian name for the country was km.t (pronounced “kemet”), meaning “black land” likely for the fertile soils of the Nile valley. Today, Egypt’s official name is Jumhūrīyat Mi?r al-?Arabīyah, or “Arab Republic of Egypt”.
South Africa is aptly named for its geographical location. Interestingly, however, the country has different names in the country’s 11 official languages, including English, Afrikaans, the Venda language, the Tsonga language, and the Nguni and Sotho languages.
What rich histories can be uncovered from your country’s name?
Note: Where some of the country names on the individual maps vary from the translations, please consult the original research document which include the English translations and explanations behind the etymology.
DEMOGRAPHICS
Mapped: The World Divided Into 4 Regions With Equal Populations
This simple map visualization will change how you think about global population, and how people are distributed throughout the planet.
Published
2 weeks agoon
May 9, 2019
World Map: Divided Into 4 Regions With Equal Populations
View the full-size version of the infographic by clicking here
At the most basic level, a standard world map tells us almost nothing about human population.
While the borders on a map may give us an idea of political boundaries or even aspects of continental geography, in reality they have little to do with showing population density.
That said, it is possible to apply one simple alteration to the world map so that we can make it more interesting from a population perspective – and it turns out that doing so can help us gain insight on where regional population density is the greatest.
Splitting Up the Map
Today’s map comes from Reddit user /u/OrneryThroat and it breaks up the world by grouping countries into four equally populated regions.
While both simple and crude, this mechanism does have some profound results:
| Region | Population |
|---|---|
| North America, South America, and West/Central Africa | 1.9 billion |
| Europe, East Africa, Middle East, and Northern Asia | 1.9 billion |
| South Asia | 1.9 billion |
| Most of Southeast Asia, China, and Oceania | 1.9 billion |
More specifically, there is one area that stands out from a visual standpoint, and it resides clearly in the southern portion of Asia.
Home to 1.34 billion people, it’s well-known that India already holds roughly 20% of the global population – but add Pakistan (195 million) and Bangladesh (165 million) into the mix, and you’re already closing in on one quarter of the global total.
Meanwhile, to get to a similar number, you’d need to add the entire populations of North America, South America, Europe, and Oceania together to even come close.
Shown Another Way
While splitting it into four equal portions is one way to transform the world map, here is another geometric route to conveying a similar idea about the world’s population density:
On a previous Chart of the Week, we showed that 22 of the world’s 37 megacities are located in the small circle above, putting into perspective the region’s population density in a similar but different way.
These simple transformations of the world map are not only memorable, but they also give our brain an easy heuristic to better understand the planet we live on.
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