The world's most expensive cities for rentals

[Jon Klaus]

The world's most expensive cities for rentals keep getting more expensive.

Here are the five most expensive locations to rent a standard two-bedroom apartment, as of September, according to ECA:

Tokyo
Average monthly rent: US$4,352
Year-over-year change: 2%

Moscow
Average monthly rent: US$3,500
Year-over-year change: 17%

Hong Kong
Average monthly rent: US$2,830
Year-over-year change: 22%

London
Average monthly rent: US$2,824
Year-over-year change: 4%

Singapore
Average monthly rent: US$2,810
Year-over-year change: 15%

http://blogs.wsj.com/hong-kong/2011/02/15/hong-kong-rents-third-most-expensive-in-world/

[Jeff S.]

For information on worldwide real estate investing, nothing beats Global Property Guide: http://www.globalpropertyguide.com/

They have statistics for most every country with the information parsed down to even realtor, lawyer, and accountant recommendations.

Also check out http://www.iproperty.com/
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