Hi:
If you own real estate, the last few years have been excellent, with a real estate boom in North America and much of Europe.
With globalization firmly entrenched worldwide, people are also comparing international living costs. I read somewhere the cost per square foot of property in Paris is somewhere around $1,500. This makes current costs in much of Canada and much of the United States seem extremely reasonable.
It is now easy and fun to check out real estate prices of other countries. Not every country has our excellent Multiple Listing Service, but it is still relatively easy to search and view properties worldwide on the web. A currency converter helps in the price analysis and comparison.
The same economic principles hold true in every country however. International cities cost the most, secondary cities somewhat less and rural even less. Waterfront is alway more desirable worldwide. Supply and demand principles apply worldwide. Economic conditions, employment rates, democratic governments and policies also play into the equation.
If you are thinking about moving elsewhere to retire, a good place to start is on the Internet. Happy browsing!
M.
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