“Take a look at the world’s dizzying surges in the price of housing for 12 months at the end of June: London, up 20%. Manhattan, 18%. Sydney, 15.4%. Some Singaporeans have bought homes in neighbouring Malaysia, which requires a passport-control stop and a two-hour drive when traffic is heavy to reach the business district. Prices on Hong Kong island, roughly the size of Manhattan where about 1.2 million people live, are the third-most expensive in the world after Monaco and London, at US$1,920 per square foot. While housing costs about half as much in the northernmost New Territories, prices there rose 140% from 2008 through 2012.”
http://www.therakyatpost.com/business/2014/07/30/rising-home-prices-global-concern/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Ca. Democrats want businesses to give half their tax-cut savings to state
FBI objections to Nunes memo lack credibility given bureau's shady past
Midwestern farmers brace to lose billions in trade war
Chicago police detain Americans at abuse-laden 'black site'
U.S. widens surveillance to include individuals with no foreign connection
ECB Should Join ‘Currency War’ to Weaken Euro, France's Montebourg Says
Julian Assange on Real Time With Bill Maher: NDAA Kill List
Bitcoin Turns Into Art as Sweden Rejects Creative Currency
How did a modern feminist become a brutal dictator's wife?
State Department: Bradley Manning had ‘chilling effect’ on foreign relations
U.S. to house migrant children in tents outside El Paso as detention centers overflow
The bionic bunch: Gathering of exoskeleton-wearers walk for charity
These Guys Want to Lend You Money Against Your Bitcoin
Iceland EU accession talks break down over mackerel quotas
Alibaba to boost IPO size on "overwhelming" demand