Are your outrageously high rent payments making you squirm? If so, you may find some solace in this post...that is if you DON'T live in these five profiled cities.
If you're looking for a 2 bedroom/ 2 bathroom apartment in the city centre of any of these global cities...expect to pay.
#5- HONG KONG- $6256 per month
|Hong Kong Skyline|
With business booming in China and the Far East, demand for real estate in Hong Kong, Asia's financial capital, has gone through the roof. Unfortunately, HK's relatively small geography and isolation from Mainland China has forced real estate developers to build both larger, and smaller. Larger in the sense that the city skyline is dominated by modern skyscrapers. Smaller in the sense that each individual apartment has gotten much, MUCH smaller.
#4- New York City- $6324
I bet a great deal of Americans thought that NYC would be at the top of the list. Interestingly enough, real estate developers are starting to get more creative in how they construct new apartments within the city. Check out my thoughts on the micro-apartment craze right here.
|Monaco at Nighttime|