In this video, we explore the top 5 most expensive cities for rent in 2023 based on the Deutsche Bank Rental Index report and Numbeo's Cost of Living Index. We'll provide you with the average monthly rent for each city in US dollars and the average square footage of residential rental properties in those cities according to Numbeo. Additionally, we'll explain the rental affordability ratio and how it affects the affordability of rental housing in these cities. Join us as we take a deep dive into the world of expensive rents!
Sources:
Deutsche Bank Rental Index report
Numbeo's Cost of Living Index
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