Thursday 21 April 2011

Mortgage Comparison: Egypt: Cairo vs Sierra Leone: Freetown!

Today's daily fix of mortgage comparisons! Giving you an idea of mortgage comparisons from all around the world ;D

Now here we have Egypt, the city of Cairo!,
With a population of 6,758,581 spread over 453 square kilometres (175 sq mi), Cairo is by far the largest city in Egypt. With an additional ten million inhabitants just outside the city, Cairo resides at the centre of the largest metropolitan area in Africa and the eleventh-largest urban area in the world. Cairo, like many other mega-cities, suffers from high levels of pollution and traffic, but its metro – currently one of only two on the African continent – also ranks among the 15 busiest in the world, with over 700 million passenger rides annually. The economy of Cairo was ranked first in the Middle East, and 43rd globally by Foreign Policy's 2010 Global Cities Index.

Average House Price: $55,000
Average Mortgage:  $60,250



VS 


And here we have Sierra Leone, the city of Freetown!
Freetown is the capital and largest city of Sierra Leone, a country in West Africa. It is a major port city on the Atlantic Ocean located in the Western Area of the country and with a population of 1.2 million. The city is the economic, financial, and cultural center of Sierra Leone. Most of the country's largest corporations as well as the majority of international companies have located their headquarters' home offices in Freetown. The city's economy revolves largely around its harbor - occupying a part of the estuary of the Sierra Leone River in one the world's largest natural deep water harbours. Queen Elizabeth II Quay is capable of receiving oceangoing vessels and handles Sierra Leone's main exports.

Average House Price: $26,000
Average Mortgage:  $29,770


So theres the facts guys, Sierra Leone is cheaper but Cairo has a better standard of living, where would you rather live? ;D

24 comments:

  1. I think I'd go with Cairo. Not even afraid of the riots anymore.

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  2. Now that the riots are over I will chose Cairo! :D

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  3. Even though it's more expensive, I'd go with Egypt.

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  4. Ive been to Egypt before, was awesome for a day or 2 but dam its hot

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  5. cairo looks more alive, definately cairo

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  6. Would mind trying out life in Egypt.

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  7. I'd choose Cairo. Aside from the standard of living there's so much history there, as well.

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  8. i hate big cities. i live in a nice city with a population of 50,000.

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  9. You're telling me that Freetown isn't free. What is this world coming to...

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  10. Definately Cairo. Egypt rocks

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  11. Sierra Leone looks wonderful, but maybe i would go to Cairo.

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  12. Both look like fine places, but i'd probably have to go with Cairo, too.

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  13. depends on whether egypt turns into the next syria...

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  14. free town. good price, seems like reasonable standard of living, plus less violence most likely nowadays.

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  15. Damn I am moving to Cairo! Yeah!!!

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  16. Ima go with Cairo, even though I do not like warm weather all year.

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  17. Yeah, Cairo is really nice!

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  18. Sierra leone, freetown. Watch "Blood Diamond", its look like a chiled place!

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