What $10,000 a month can rent you in Los Angeles, New York and other markets

While people choose to rent for a variety of reasons, the bottom line comes down to flexibility for people renting at this price point (Photo: HT)Premium
While people choose to rent for a variety of reasons, the bottom line comes down to flexibility for people renting at this price point (Photo: HT)
 wsj 3 min read . Updated: 20 Jul 2022, 06:01 PM IST Lia Picard, The Wall Street Journal

The price point allows high-end renters to be flexible, especially those who travel

For some, renting, instead of buying, makes financial sense, even when the rent is $10,000 per month. “Not everyone has the American dream of wanting to own something, and in cities like New York, what you can afford and what you want don’t always align," said James Curnin, CEO and founder of Clara Homes, a Miami-based real-estate firm.

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