@loopspace @ColinTheMathmo If I haven't screwed up and Mathematica isn't lying to me (neither of these assumptions is very safe) then for a quadrilateral with vertices (0,1), (0,0), (1,0), (x,y) ...
(choosing the handedness so that each vertex is joined to the midpoint of the next two)
the area ratio is 1/5 exactly when 1+x=2y OR 2x+y=3
the area ratio for (x, tx) with x large and k fixed approaches 1/6 + 5t/(18+78t+72𝑡²)
in particular, (1,inf) and (inf,1) both yield a ratio of 1/6 (so to speak)
in particular, "on the diagonal" it approaches 11/56, obviously a combination of 1/5 and 1/6 :-)
in particular, (2x,x) for large x yields a limit of 1/5; if you want exactly 1/5, as mentioned above (2x-1,x) will do for any x
the area ratio for (1+u,1+v) is 1/5 + >=quartic terms in u,v, so for "parallelogram-ish" values of u,v it's not surprising that the answer is close to 1/5
the quantity 1/5 - area ratio is a rational function whose numerator is a square and whose denominator is a product of linear terms that are positive when x+y>1, so the area ratio never goes above 1/5 (at least for convex quadrilaterals)
the quantity area ratio - 1/6 is a rational function whose denominator is again a product of linear terms that are positive when x+y>1; its numerator is the product of two quadratic things defining hyperbolae, which can just barely reach 0 at (0,1) and (1,0) but can't be negative in the region of convex quadrilaterals, so the area ratio never goes below 1/6 for convex quadrilaterals