Why is Paris so expensive? | CNBC Explains

Paris is famous for its elegant shops and historic sites. It’s also been ranked one of the world’s most expensive cities. CNBC’s Timothyna Duncan reports on what makes this city so costly. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi #CNBC #Paris #Expensive