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Old Posted Oct 26, 2019, 7:31 PM
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Yuri Yuri is offline
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Yes, US$ 9,000. As São Paulo GDP per capita is 2.5 lower than Canadian metro areas, it seems labour costs are relatively lower in SP. As Brazil is still recovering from the 2014-2016 crisis, salaries are still depressed.

When it comes to apartment prices then São Paulo is considerably more expensive than Toronto and alligned with Vancouver, again, relatively speaking.

There are many pockets of low rise only areas as you can see clearly on Google Earth 3D, where buildings suddenly stop. Regulations affect mostly the total floor area vs size of the plot, which increases costs, induces land wasting which makes no sense in a 21 million people urban area.

In fact, those regulations impacted the entire urban area, causing crazy traffic jams and crowded public transit. The low rise residential districts on the far east parts of the city have densities up to 15,000 inh./sq km while more central districts where virtually all the jobs are could manage much higher densities without the regulations. For instance, Paris houses 2.2 million people in 120 sq km, same for Manhattan plus adjacents parts of Brooklyn, Queens and Bronx while São Paulo has “only” 1.4 million people in its most central 120 sq km.
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