Sunday, 2 October 2016

San Francisco - $800 per sft - you can buy a decent place


1. In San Francisco, you can buy a decent place for $800 per sft. In New York, you would have to spend $2,500 per sft.

2. The author talks about 2500 sft home as being comfortable (one can get such places in SF, not New York. In NY, such places would be very expensive.)

3. SF cost of living is relatively lower compared to many other cities. This is contrary to media continuously saying that SF real estate and cost of living is very expensive. On the other hand Paris, Singapore, Hong Kong are quite expensive cities to live in.

The Economist Cost Of Living Index 2015

Price to income and price to rent charts for global international cities



http://www.financialsamurai.com/the-cheapest-international-city-in-the-world-san-francisco/

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