It's been done before, but it's almost always interesting reading... this time Business Week takes $1.5m on the road to see what it will be in bricks and mortar. Not much - in the world's best cities - even during a credit crunch. The exception is, of course, Miami.

For Europeans, Miami's declining condo prices are "like Americans handing them the gift of the century," says [real estate agent David] Michonski. "The sun has not stopped shining. The beaches aren't any less white, and the whole thing costs them 30% or 40% less."

Head over to read the piece; there's a slideshow too.

Technorati Tags: London, property, real estate