Sunday, January 24, 2016

Random chart - NYC value

Source: A stunning map shows how living on America’s coasts really is so different

You probably know that New York City is an expensive place to live. But did you know that the total value of property in Manhattan is about the same as the total in Michigan? Or that the total value of property in Queens is on par with that of Louisiana?... 

As Galka writes, New York City is only 305 square miles -- representing a tiny 0.008 percent of the total land in the U.S. Yet its housing value makes up about 5 percent of the total, and collectively is worth more than the housing in all but four states. The housing in the Upper East Side alone, which is less than one square mile, is worth more than all the housing in New Hampshire, North Dakota, South Dakota, Vermont, Wyoming or Alaska..."

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