Toronto’s High Housing Price Is A Myth

Buyers in Hong Kong will be similarly cramped as their Monaco counterparts: $1 million will buy 15 square metres, roughly 161 square feet. A million dollars in Monaco’s luxury housing market will get you a cozy 13 square metres, or about 139 square feet — not much, even by micro-apartment standards. For the same money, buyers can purchase 19 square metres in New York (around 204 square feet) or 22 square metres (about 236 square feet) in London.