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The Most Expensive City in the World

I have friends in London I desperately want to visit, but with the insane exchange rate I'd need to take out a bigger-than-micro loan to pay for it. On the other hand, when my Brit friends cross the pond to America, they go buckwild. $15 for a cocktail? Cheap as chips. $250 for a jacket? Not at all a rip-off.

For people in the developing world, the exchange rate is even more insane. With the cash you'd spend closing out the pubs on a Saturday night in Leicester, you can start a whole business.

(For the record, London's not even the most expensive city.)

-Toshio...off to count my pennies...

Posted by: hsnavely on 01/24/2008
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Emily Thornton  on January 24, 2008 at 04:29 AM 1
I think I rated your daily tip the wrong way round - I wanted it to be 5 apples not one! It's brilliant to publicise micro-lending - it seems like top quality feel-good factor at a very low cost. Thanks!
Paul Cantrell  on January 24, 2008 at 08:23 AM 2
Great bite, but I wonder why not include Prosper.com? I've loaned money on there to people starting and expanding green businesses.
Danielle  on January 24, 2008 at 08:49 AM 3
What a lot of people don't even realize is where their regular savings go. Think normal savings acct = normal investment ? That money mixes in with the big system that funds unsustainable investments, including the weapons industry and war!! (you know, those money makers) Put all your savings and investments in sustainable alternatives!
Nicole  on January 24, 2008 at 11:07 AM 4
I LOVE Kiva and highly recommend it. Even my 11-year-old daughter and my 1-year-old son have accounts. So far, we've had two loans paid back, and there is something so special about being able to RELEND those funds to help someone else out. It's magical. Here's my lender page if you want to check out some of the loans Kiva offers or if you want to see our loan map (very cool). http://www.kiva.org/lender/nicolehiren Nicole
zak  on January 24, 2008 at 11:51 AM 5
this has to be the ultimate freakin' tip you could ever post!!!!!!! I am all over this and it WILL be passed to every one on my e-mail list.
zephyr  on September 15, 2008 at 01:40 PM 6
London is not the most expensive city. I've been to London and comparing to Toronto it is cheap. Well the real estate is more expensive but for food and drink is definitely cheaper. And to add that Toronto was voted the second most expensive city in North America after New York - this proves it.
bambi  on September 15, 2008 at 01:41 PM 7
I think the most expencive city in the world is either Moscow or Tokyo
Real Estate Software  on April 19, 2009 at 01:56 AM 8
As per Survey taken in march 2007 Moscow, Russia is the most expensive city.
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sunny  on November 12, 2009 at 04:55 PM 9
There you go, first update. ed hardy ed hardy clothing ralph lauren polo juicy coutureI'm told there are more to come

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