March 5, 2015 · Absolute Shockers · ECONOMY

$1 Million Buys You Only 183 Square Feet. Where?

In 2015, a million dollars bought about 183 square feet of prime Monaco property. Which is about that size?

We spotted this stat today:

"According to a new survey from Knight-Frank, $1 million buys you only 17 square meters, or 183 square feet, in Monaco, the world's most expensive real estate market as measured by average cost per square foot.

Hong Kong ranked second, with $1 million buying you only 20 square meters, or around 215 square feet. In London, you'll get just a wee bit more for $1 million, or about 21 square meters."

Source

real-estate