Global prime property compared

27th November 2015

Accountancy firm EY has co-authored a study comparing the costs of a $1m and $10m property purchase in 15 global cities. They found the property costs of a $1m London home were 7.8%, compared with 15.3% in Paris, the most expensive. For a $10m home, London's 20.7% tax total reflected the higher costs of its new stamp duty regime.

Financial Times (21/11/2015)