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Fancy Apartment Rents Are Crazier In Hong Kong, Tokyo, Moscow Than In NYC
By
Jen Chung
Published Mar 7, 2012
Modified Mar 7, 2012
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By
Jen Chung
Published Mar 7, 2012
Modified Mar 7, 2012
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The Economist has this chart showing rents for "high-end flats of the type commonly let by expatriates," and guess what, there are three cities that are more expensive than NYC when it comes to a three-bedroom apartment.
Human resources consultancy ECA International "looked at rents of comparable apartments with similar proximity to international schools, embassies and 'social focal points'." Hong Kong's high-end three-bedroom rent is nearly $12,000/month, while it's over $9,000/month in Tokyo. Moscow is next with rents in the $8,000-range, closely followed by NYC.
Rents for Manhattan studios, one-bedrooms, and two-bedrooms have risen year-on-year, according to MNS.
Tagged
apartment
high-end apartment
Hong Kong
moscow
real estate
rent
Tokyo
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
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