It doesn't make a lot of sense, comparing housing prices here to those of lower-cost-of-living cities. We fully recognize the worth of living in this city and wouldn't easily trade it. However, we do enjoy the guilty pleasure of looking at home prices elsewhere and the bang that can be bought for a New York buck. It never fails to amaze us. So, here we go after the jump...
Here is what $790,000 will buy in New York City (as of this recent "Just Sold"):
- shared laundry in the building
Now, here is what $565,000 will buy in Pheonix:
- mid-century modern design by Alfred Newman Beadle