Expensive Homes
A recent survey has designated London as the world's most expensive place to buy residential property, beating out Monaco, New York City, Hong Kong, and Tokyo. Homes are going for an average of $4,600 per square foot in the British capital.
Earlier this year, a 77-square-foot former storage room, without electricity or heat, in the exclusive Knightsbridge neighbourhood was on the market for $335,000.
- from the Associated Press