Study: Detroit less costly than Hanoi

If the cheap cost of living used to be one of the perks of working overseas, today's corporate middle-manager may find a better deal on a home if she's transferred to Detroit than Hanoi. 

That's according to Coldwell Banker Real Estate's annual Home Price Comparison Index, which compares similar 2,200-square-foot homes in 310 U.S. housing markets, and in 57 markets in 29 countries outside the U.S.

Comparing like homes sets the report apart from others that simply compare median home prices, Coldwell Banker said.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.