{"id":1496959,"date":"2024-10-18T02:10:00","date_gmt":"2024-10-18T06:10:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1496959"},"modified":"2024-10-18T02:10:00","modified_gmt":"2024-10-18T06:10:00","slug":"how-many-years-does-it-take-to-save-for-a-condo","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/how-many-years-does-it-take-to-save-for-a-condo\/1496959\/","title":{"rendered":"How Many Years Does It Take To Save For A Condo?"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">How Many Years Does It Take To Save For A Condo?<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>This graphic,<a href=\"https:\/\/www.voronoiapp.com\/real-estate\/How-Many-Years-Does-it-Take-to-Save-for-a-Condo--2761\"> via Visual Capitalist, <\/a>shows<strong> the average number of years that a skilled worker must work in order to afford a 650 square foot condo near the city center across select markets,<\/strong> based on data from the <a href=\"https:\/\/elements.visualcapitalist.com\/wp-content\/uploads\/2024\/09\/ubs-global-real-estate-bubble-index-2024.pdf\">UBS\u00a0<\/a><em><a href=\"https:\/\/elements.visualcapitalist.com\/wp-content\/uploads\/2024\/09\/ubs-global-real-estate-bubble-index-2024.pdf\">Global Real Estate Bubble Index 2024<\/a>.<\/em><\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/image%20-%202024-10-17T111429.681.jpg?itok=PaHhekxW\"><\/a><\/p>\n<p>In <strong>Hong Kong, the most unaffordable<\/strong> city worldwide for 14 consecutive years, it takes more than<strong> two decades for an average skilled worker to buy a condo.<\/strong><\/p>\n<p>Paris stands as the most unaffordable city in Europe, despite real home prices falling more than 20% from post-pandemic highs.<\/p>\n<p>The median sale price of a condo or co-op in Manhattan stood at nearly $1.2 million in the fourth quarter of 2023, with <strong>prices per square foot up 44% in a decade.<\/strong><\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Thu, 10\/17\/2024 &#8211; 22:10<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/personal-finance\/how-many-years-does-it-take-save-condo\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/personal-finance\/how-many-years-does-it-take-save-condo<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Many Years Does It Take To Save For A Condo? This graphic, via Visual Capitalist, shows the average number of years that a skilled&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1496960,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1496959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1496959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1496959"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1496959\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1496960"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1496959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1496959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1496959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}