Want to live in London or New York? Good luck if you’re renting

Want to live in London or New York? Good luck if you’re renting

By Anna Cooban, CNN London (CNN) — In May, Viveca Chow hurriedly transferred $3,700 over her phone while standing in the lobby of a building in Queens, New York. She made the upfront payment to secure an apartment minutes after seeing it. It was a moment the 28-year-old lifestyle influencer — forced to leave her previous accommodation after the landlord increased her monthly rent by $1,000 — described to CNN as “dystopian.” Yet it is something …

Want to live in London or New York? Good luck if you're renting

In May, Viveca Chow hurriedly transferred $3,700 over her phone while standing in the lobby of a building in Queens, New York. She made the upfront payment to secure an apartment minutes after seeing it.