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Why Would Someone Spend $150,000 a Month on Rent?

Summary by Curbed
Why are people choosing to rent apartments for the equivalent of a mortgage payment (or so much more) when they could easily buy a place? We talked to brokers and found some answers.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Why Would Someone Spend $150,000 a Month on Rent?

Why are people choosing to rent apartments for the equivalent of a mortgage payment (or so much more) when they could easily buy a place? We talked to brokers and found some answers.

·United States
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Curbed broke the news in United States on Friday, June 20, 2025.
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