Top 10 world's most expensive real estate markets
- By Xu Lin
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E-mail China.org.cn, January 9, 2013
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Geneva, Switzerland（瑞士日内瓦）
Average housing price: US$2,959/square foot
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A residential area in Geneva, Switzerland, on Nov. 20, 2009. [icpress.cn] |
Geneva's present supply-demand ratio of housing stands around 1:5. It is not a large city in Switzerland, and the city center does not allow for any construction over 8 stories high. The increasing population also contributes to the surge in housing prices.
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