18 February 2009

Check your units!

From today's New York Times, real estate section, referring to rural Normandy:
But, on average, real estate prices here generally range from 1,500 to 2,000 euros ($1,940 to $2,585) a square foot and a typical three-bedroom house sells for 250,000 euros ($323,165), according to Manuela Marques, a broker with Objectif Pierre, a local real estate agency.
Of course, this doesn't check out, unless a typical three-bedroom house is around 150 square feet (and Normandy has suddenly turned into Manhattan). The resolution is that that's a price per square meter, which is how a French real estate broker would quote things.

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