Professor Mark J. Perry's Blog for Economics and Finance
What does it costs to buy a typical four-bedroom home, with 2.5 baths and a double garage? Well, it depends a lot on whether you buy the house in Minot, ND or Beverly Hill, CA. In Minot the 4BR home will cost you $132,333, and the same house in Beverly Hills will cost you a cool $1.8 million. For the complete list of home prices in 342 cities, click here.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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