Thoughts and Observations on Turkish Economy and financial markets. Turkiye Ekonomisi, Borsa, Dolar, Altin, Faiz, Teknik Analiz, Grafik, Hisse Senetleri...

Friday, September 27, 2013

The 10 Most Expensive Cities in the World

Excited for the holiday? I am sure, you already have plans with friends. It is probably going out on a beach or spending some time in one of the most expensive cities in the world. Insider Monkey has a post about "The 10 Most Expensive Cities in the World" for us to read on.

New York? Paris? London? Well, it is true that it can be quite costly to live in any of these cities, but neither of the three are anywhere near the undisputed leader, Hong Kong.

That’s right, you’ve read correctly, Hong Kong, China is 2013’s most expensive city, with an average price per square foot of $11,000. And it is not the only Asian metropolis to make our top ten; in fact, 5 out of the 10 cities in the countdown are from Asia. Whatever their secret formula is, it is surely working, as this continent has enjoyed a constant and exponential economic and industrial growth, which is more than evident from our countdown as well. Visit Insider Monkey to know all the most expensive cities in the world.