World's Most and Least Expensive Cities

27 June 2005 - 2:00pm

Can you imagine paying $4,595 a month in rent for an unfurnished apartment?

The article is based on a survey conducted by Mercer, a Human resources consulting group.

"Mercer conducts the survey to help multinational companies and governments determine how much to pay their expatriate employees. The survey includes 144 cities across the world, and measures costs including housing, food, clothing, transportation and entertainment."

Source: CNNMoney, June 22, 2005
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For the past half century we have been building communities for the wrong reasons. We built them to sell cars. This created all sorts of problems.