Jun 18, 2013

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.

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