Vancouver a bargain when compared to the worlds most expensive cities

Vancouver a bargain when compared to the worlds most expensive cities

July 29, 2013 in Market News, Vancouver Real Estate News

We often hear much chatter about prices in Vancouver, and how expensive the Real Estate is here.

A recent study by consulting firm Mercer’s has revealed that Vancouver doesn’t even make it into the top 10 for the most expensive cities for expatriate employees to be transferred to for work.

Angola’s city of Luanada clocks in at the most expensive city, where a cup of coffee can cost up to $8.29!

For employers, employee housing and Real Estate can be the biggest cost, and in Moscow rent for a luxury unfurnished 2 bedroom condo can be around $4,600 per month. The other three most expensive cities that make up the top five are:

  • Tokyo
  • Ndjamena in Chad
  • Singapore

Other expensive cities from the list are: Hong Kong, Switzerland’s Geneva, Zurich and Bern and Sydney, Australia.

To have a chat about the affordability in Vancouver Real Estate, and how we can help you get started on the property ladder, give me a call anytime! Adam Chahl +1 778 385 6141.

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