So heres today's daily fix of mortgage comparisons! Just to give you an idea of mortgage prices in other places in the world! ;D
Now here we have India, the city of Mumbai!,
Mumbai is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the second most populous city in the world, with a population of approximately 14 million. Along with the neighbouring urban areas, including the cities of Navi Mumbai and Thane, it is one of the most populous urban regions in the world. Mumbai lies on the west coast of India and has a deep natural harbour. As of 2009, Mumbai was named an Alpha world city. Mumbai is also the richest city in India, and has the highest GDP of any city in South, West or Central Asia.
Average House Price: £72,239
Average Mortgage: £84,200
And here we have Canada, the city of Toronto!
Toronto is the provincial capital of Ontario, and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. With over 2.5 million residents, it is the seventh most populous municipality in North America. Toronto is at the heart of the Greater Toronto Area (GTA), and is part of a densely populated region in Southern Ontario known as the Golden Horseshoe, which is home to over 8.1 million residents—approximately 25% of Canada's population. The census metropolitan area (CMA) had a population of 5,113,149, and the Greater Toronto Area had a population of 5,555,912 in the 2006 Census
Average House Price:
So theres the facts guys, Mumbai is cheaper on this occasion but Toronto has a higher standard of living, Where would you prefer to live? ;D