Priced out of Paris. Priced out of Singapore.

Priced out of Paris - FT.com: By Simon Kuper

“Everyone is leaving.” Paris is pricing out even the upper middle-class.

There is a wider story here. The great global cities – notably New York, London, Singapore, Hong Kong and Paris – are unprecedentedly desirable.

In Paris, you can move to the suburbs.

In Singapore, you have to move out of the country. There is no suburb.