How Much Real Estate $1 Million Buys - Forbes.com

This is sad

"However, most Americans still consider $1 million a lot of money, no matter what their real estate agents tell them--and rightly so. The problem is that in certain markets, there seems to be a complete disconnect between property value and the buying power of a dollar. In Manhattan, for example, one million bucks buys a two-bedroom condo--and usually not in a great part of town or with oodles of compensating charm. In the Hamptons, it will buy a modest A-frame unfashionably deep in the woods. "

How Much Real Estate $1 Million Buys - Forbes.com