Wednesday, June 1, 2011

What is the difference between renting accommodation in Moscow and New York?

The capital of Russia is most expensive, while in the Big Apple, only 30% of people live in their own flats. Specialists of the company «Evans» conducted a study of the market rent of residential property on both sides of the Atlantic. According to information received, the demand for rental housing in New York largely ahead. The reason is that 70% of American cities are forced to rent housing. Peak demand in the summer months. This is due to the large influx of seeking work or education. Special feature - the conclusion of lease agreements for at least 1 year. At the same time, break the established relationship is extremely difficult, because it can cause significant financial expenditure. It is noted that even if the Americans leave the rented apartment, they continue to pay for them until the end of the designated dates. Most often, New Yorkers prefer to rent a small studio fee which does not exceed $ 1.2 thousand per month. Followed by two-and three-room apartments with a price of $ 2,5-6 thousand in rare cases it is possible to find clients that can pay more than $ 6 thousand for the multi-room luxury suites. Different situation is observed in Moscow. Here, most residents of the capital live in their own homes (according to various estimates shall only 20-30% of the area). High season shifted to the autumn period. Experts «Evans» noted that last summer was recorded strong demand for luxury housing, whose price starts at $ 18 thousand customers landlords are often the top executives of foreign companies. If in New York for $ 1.2 thousand can be rented 1-room apartment with kitchen department, then a similar amount in Moscow will be able to get a small apartment without features. The main demand of the capital has secured tenants for apartments with a rate of $ 8.3 thousand per month. Feature of the New York proposals is that the property in 85% of cases, is cooperative, ie, owned by private companies. In Moscow, it is likely only exception to the rule. U.S. "chips" are recognized spacious balconies overlooking the city, pleasure grounds on the roofs and houses with a traditional lawn. The number of offers luxury housing in downtown Moscow, twice higher than in New York City: more than 100 sites as against 50 in Manhattan. Average cost of rented accommodation in the heart of the "big apple" is $ 2,9-5 thousand, and in the suburbs - $ 0,8-2 thousand in the capital of Russia, these figures were slightly higher - $ 4.7 thousand for the opportunity to live within the Central District and $ 0 ,85-1, 8 th for an apartment far from the famous subway stations. And the prices are, according to researchers, will continue to grow.

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