Int'l Real Estate


Businessweek’s The World’s Best Places to Live 2008



The World’s Best Places to Live 2008
Mercer Consulting’s annual roundup of the global cities with the best quality of life is here, and Zurich once again comes out on top. The best place in the U.S.? Honolulu at No. 28

By Carl Winfield

New York, London, and Paris are internationally renowned cities but consultants at Mercer Consulting have picked Zurich, Switzerland, as the best place to live in the company’s annual survey.

Consultants rated each city on a variety of factors including the level of traffic congestion, air quality, and personal safety reported by expatriates living in more than 600 cities worldwide. In the top 25, U.S. cities such as San Francisco, Boston, and Chicago were all edged out by Geneva, Switzerland, Vancouver, B.C., and Auckland, New Zealand. The highest-scoring U.S. city is Honolulu, which came in at No. 28. (more…)

International Real Estate Update: The Korean Real Estate Market in a slump


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This bit of news was relatively predictable, but the Korean Real Estate market is finally cooling down…in a big way. According to the JoongAng Daily from October 31st, 2007, “The Ministry of Construction and Transportation said yesterday that sales of existing apartments totaled 29,612 in September compared to 56,580 a year ago.” “Gangnam, Seocho and Songpa — dropped to 445 in September compared to 1550 a year ago.” (more…)