Impact of high housing costs
How expensive is rent compared to your salary in your city? The Global Cities Business Alliance examined 15 focus cities. The outcome is highly interesting. In 2015 San Francisco for instance had the highest average monthly rents of $2,824, while the cheapest housing was available in Mexico City at $385. The most expensive city with rental costs 1.2 times higher than monthly wages is Beijing.
Length 36 sec.
Published by World Economic Forum