FAST FIVE: This Is How Much Space $300,000 Buys In Cities Around The World
But COVID has turned things around, and as people flee to the suburbs, it's worth taking a look at how valuations have declined.
While urban real-estate markets have taken a hit as people flee to the suburbs and more space, it's worth taking a look at how much space costs in different cities around the world.
In Canada, Ottawa offers the most space for $300,000, while Lisbon, Portugal would be a buyer's best bet of all the European cities included in the analysis.
But that's why the city's real estate market has taken such a hit (well, at least that's one reason).
In the US, Houston appears to be the city that offers the best value, as buyers get the highest ratio of square footage per dollar.