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Society

Global Number: Real estate worldwide

01:32

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February 16, 2015

Wealthy Chinese people tend to invest in luxury properties. With the domestic market looking volatile, many are now considering locations abroad. If the real estate bubble in China were to burst, however, the likes of London would also feel the shockwaves.

London: In places rents here have risen by 340% over the last decade.
Detroit: The city has seen its population drop significantly since its automotive heyday.
Monaco: The most expensive location on the planet, where 1 m2 of property will set you back €91,000.
Report by Wiebke Feuersenger

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