The World's Priciest Real Estate Markets

What will $1.5 million get you in London?

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BusinessWeek recently published an interesting look at how far $1.5 million goes in some of the world's priciest real estate markets. (And you thought New York was bad?)

From BusinessWeek:

• In London, where the average price per square foot is a whopping $6,191, $1.5 million will get you a small studio apartment.

• In lovely Monaco, where the average price per square foot is a relative bargain at $5,888, $1.5 million will get you a larger studio apartment.

See the complete list here.