Business Week Articles: Vacation Homes Affordable and World’s Best Places to Live

Now may be our chance. Those of us who thought we would never have the chance to own a dream home may be able to in this economy.  According to a Business Week magazine article, “this year only 17 houses sold in Pebble Beach (the lowest sale was $900,000, and the highest was $3.2 million). Last year at this time, 26 homes had sold, and the highest sale price was $16.25 million.”  Now that they are under the $1 million mark I may reconsider the market.

What about you? Are you ready for a retirement home?

On a related subject, since your money can buy more these days, perhaps you should consider where you want to retire.  Business Week also released the “The World’s Best Places to Live in 2009” article this week.  Surprisingly, or not, no United States city was in the top 25 on the list.  Looking at the list I can’t help but wonder if moral climate played a role in deciding where the “best places” to live are in the world.  Somehow I don’t think so.

Do you agree with this list?

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