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Rents Are Falling for Luxury Homes in Financial Capitals: Chart

By Tony Seruga

Leasing the most expensive homes in global financial capitals got a little cheaper in the 12 months through March as rising supply caused rents to fall. An increase in sales taxes in London and more regulation of buyers in New York are among factors that may make rentals more attractive to people who would previously have preferred to purchase, broker Knight Frank LLP said…

Rents Are Falling for Luxury Homes in Financial Capitals: Chart

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