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3/05/2022

Topic Reading-Vol.3615-3/5/2022

Dear MEL Topic Readers,

This is what a $1 million home looks like in 4 European cities

One million dollars is a lot of money, at least for most people. Nowadays, wage workers earn $10 to $15 an hour in many developed countries. So, if you make $15 an hour and work eight hours a day for five days a week and take two weeks off a year, you’ll make $30,000 a year. Then, you’ll need 33 years to earn one million. But you’ll need to eat, pay rent, and buy clothes. Now you kind of know what one million means for low-wage workers in developed countries.

Then, what kind of home can you buy with one million dollars in major cities in Europe, such as central London, near a historic center Salamanca in Madrid, a good neighborhood in Paris, and eastern Berlin (former communist zone)?

Enjoy watching the video that features examples of apartments priced at one million dollars.

https://edition.cnn.com/videos/business/2022/01/31/1-million-dollar-home-europe-orig.cnn/video/playlists/business-real-estate/

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