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>> APARTMENT Latest News

JAN 29, 2013 - Business Insider

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The 20 Most Expensive Cities For Luxury Apartment Rentals

For the second year in a row, Hong Kong is the most expensive city in the world in which to rent a luxury three-bedroom apartment. According to the latest data from ECA International, a global consulting firm that releases the figures for companies sending employees to work abroad, Hong Kong's rental prices have dropped slightly from last year's high of $11,813, to $11,549. But despite the decrease, Hong Kong still out-ranked the runners up — Caracas, New York, and Moscow — by a minimum of $2,000 a month. So what makes for the sky-high rental prices? "Strong demand and a limited ... Read More

Tags: The 20 Most Expensive Cities For Luxury Apartment Rentals,  Apartment Latest News