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Home is where the money is

…To show how expensive it is to own a roof in Beijing and for comparison sake, we take a look at Miller Samuel’s Elliman Report. According to the report’s first quarter sales of housing in Manhattan, the average sale price for a condominium is over $1.3 million and the average monthly pay is $2,710. The same amount of money can only buy a flat in Beijing, not in downtown, but the average income is only $815…

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Housing Notes by Jonathan Miller

Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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