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Home is where the money is

…To show how expensive it is to own a roof in Beijing and for comparison sake, we take a look at Miller Samuel’s Elliman Report. According to the report’s first quarter sales of housing in Manhattan, the average sale price for a condominium is over $1.3 million and the average monthly pay is $2,710. The same amount of money can only buy a flat in Beijing, not in downtown, but the average income is only $815…

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Housing Notes by Jonathan Miller

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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