reader Posted June 14 Posted June 14 From CNN Top 10 “impossibly unaffordable” cities Hong Kong Sydney Vancouver San Jose Los Angeles Honolulu Melbourne San Francisco/Adelaide San Diego Toronto https://edition.cnn.com/2024/06/14/business/house-prices-impossibly-unaffordable-intl-hnk/index.html Quote
Keithambrose Posted June 14 Posted June 14 2 hours ago, reader said: From CNN Top 10 “impossibly unaffordable” cities Hong Kong Sydney Vancouver San Jose Los Angeles Honolulu Melbourne San Francisco/Adelaide San Diego Toronto https://edition.cnn.com/2024/06/14/business/house-prices-impossibly-unaffordable-intl-hnk/index.html I didn't find Toronto expensive. Hotels about half the price of NY. Restaurants certainly a bit cheaper than London. I found Restaurants in NY horrendous! unicorn 1 Quote
hojacat Posted June 14 Posted June 14 1 hour ago, Keithambrose said: I didn't find Toronto expensive. Hotels about half the price of NY. Restaurants certainly a bit cheaper than London. I found Restaurants in NY horrendous! I think this ranking mostly has to do with the price of housing in relation the average income of a given city and not the cost of visiting them as hotel prices in places like NYC, Paris and London are definitely much higher than HK or Sydney. Quote
Keithambrose Posted June 14 Posted June 14 11 minutes ago, hojacat said: I think this ranking mostly has to do with the price of housing in relation the average income of a given city and not the cost of visiting them as hotel prices in places like NYC, Paris and London are definitely much higher than HK or Sydney. Could be, housing in Sydney is very expensive. I didn't get that feeling about Toronto when I was there in April. Quote
hojacat Posted June 14 Posted June 14 32 minutes ago, Keithambrose said: Could be, housing in Sydney is very expensive. I didn't get that feeling about Toronto when I was there in April. Though Sydney is definitely more expensive than Toronto in most categories, I think it's the favorable exchange rate between USD/CAD that makes feel like Toronto is affordable and Sydney is not too bad when visiting those places. For locals though, it's a different story. vinapu 1 Quote
Olddaddy Posted June 14 Posted June 14 1 hour ago, hojacat said: Though Sydney is definitely more expensive than Toronto in most categories, I think it's the favorable exchange rate between USD/CAD that makes feel like Toronto is affordable and Sydney is not too bad when visiting those places. For locals though, it's a different story. Lucky I bought my apartment in Sydney 25 years ago . Quote
vinapu Posted June 15 Posted June 15 7 hours ago, hojacat said: I think it's the favorable exchange rate between USD/CAD that makes feel like Toronto is affordable and Sydney is not too bad when visiting those places. For locals though, it's a different story. very good point Quote
