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Author Topic: World's Most Expensive Cities
Leo Enticknap
Film God

Posts: 7474
From: Loma Linda, CA
Registered: Jul 2000


 - posted 06-23-2003 11:42 AM      Profile for Leo Enticknap   Author's Homepage   Email Leo Enticknap   Send New Private Message       Edit/Delete Post 
There wouldn't be any surprise about that here: letting agents are on to a pretty good racket. For property rentals the landlord usually pays a service charge to the letting agent (a percentage of each month's rent). If the letting agent takes care of all the maintenance issues, e.g. repairs, collecting rent from the tenant, that sort of thing, it can be pretty high.

Sometimes the tenant has to pay a one-off fee to the letting agent too, though fortunately I've never had to. I have had to pay a month's rent up front as a deposit (e.g. in case I trash the place and then disappear), which is repayable without interest if and when I vacate the flat in good condition. I pay the equivalent of around US$500 per month for a one-bedroom flat (which includes a garage) about half a mile from the centre of York. This is slightly lower than the average for this area, because it is in a very old building (a coaching inn built in the mid-1700s). Therefore, for preservation reasons, there are several restrictions in the lease which there wouldn't be on a typical rented flat - e.g. smoking is strictly banned in the house and garden.

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William Hooper
Phenomenal Film Handler

Posts: 1879
From: Mobile, AL USA
Registered: Jun 99


 - posted 06-24-2003 01:37 AM      Profile for William Hooper   Author's Homepage   Email William Hooper   Send New Private Message       Edit/Delete Post 
quote:
10)New York City--USA
Ah, ha ha ha - I was up on St. Nicholas Avenue around 145th when I lived there. Wonderful neighborhood, easy rent. Location, location, location.

(A block over on Amsterdam, though...)

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William Leland III
Master Film Handler

Posts: 336
From: Charleston, SC,
Registered: Aug 2002


 - posted 06-24-2003 08:56 AM      Profile for William Leland III   Author's Homepage   Email William Leland III   Send New Private Message       Edit/Delete Post 
John Pytlak
quote:
a three-bedroom apartment near Boston with two other girls, and her share of the monthly rent and utilities is over $800
I live in a two-bedroom townhouse in West Ashley (about 10 minutes from downtown Charleston) and I pay for rent and utilities about $400 a month. Talk about a cost of living....

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Bill Gabel
Film God

Posts: 3873
From: Technicolor / Postworks NY, USA
Registered: Jan 2002


 - posted 06-24-2003 12:08 PM      Profile for Bill Gabel   Email Bill Gabel   Send New Private Message       Edit/Delete Post 
This list is from another site.
The Ten Most Expensive US Cities to Live In.

10)Seattle--WA
09)Ann Arbor--MI
08)Fairbanks--AI
07)Los Angeles--CA
06)Philadelphia--PA
05)San Diego--CA
04)Anchorage--AI
03)Juneau--AI
02)Boston--MA
01)New York--NY

The Ten Most Popular Cities to Move To

10)Dallas--TX
09)Houston--TX
08)Jacksonville--FL
07)San Diego--CA
06)San Jose--CA
05)San Antonio--TX
04)Austin--TX
03)El Paso--TX
02)Charlotte-NC
01)Phoenix--AZ

http://www.soyouwanna.com/site/toptens/expensivecities/expensivecitiesFULL.html

quote:
10) New York City--USA
I live in a nice one bedroom apartment, here in the city. (My booth is 5 minute away) I'm right in the middle of the Broadway Theatre District. When I first moved here I had a room mate, we were both paying $1800 a month for a loft on 5 Ave @18th Street, near the Union Square area in the city. Different parts of this city are cheaper than others. I choose to live in the Theatre District/Times Square area (The Crossroads of the World). The company I work for pays very well for projection services.

And Beer and Martini's are not that expensive. [beer]

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Paul Mayer
Oh get out of it Melvin, before it pulls you under!

Posts: 3836
From: Albuquerque, NM
Registered: Feb 2000


 - posted 06-24-2003 12:44 PM      Profile for Paul Mayer   Author's Homepage   Email Paul Mayer   Send New Private Message       Edit/Delete Post 
The practice of paying a one-time, up-front, non-refundable CASH fee to the landlord and rental agent is very common in the big cities of Japan. The agent's cut is called "key money" (shikikin) and it can amount to three months rent. The landlord's cut is called "thank you money" (reikin) and is usually two months rent. This is in addition to the deposit (usually a month's rent and returnable). Realtors handle apartment rentals as well as home purchases. If you're a foreigner (gaijin) you'll also need a guarantor (hoshonin, a local native who will vouch for you) since most landlords will not rent to foreigners. Also, the renter is usually responsible for supplying all appliances including lighting fixtures, air conditioners and water heaters!

[ 11-02-2003, 12:51 PM: Message edited by: Paul Mayer ]

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Rachel Craven
Madam Moderator

Posts: 2190
From: Pensacola, FL
Registered: Dec 2000


 - posted 06-24-2003 01:36 PM      Profile for Rachel Craven   Email Rachel Craven   Send New Private Message       Edit/Delete Post 
At my first apartment I had to pay the landlord a 'finders fee' of half the first months rent which equaled $425, plus a months rent deposit $850, first months rent $850, and last months rent $850...totaling $2975. This was for a 1 bedroom, 1 living room, very small bathroom, and sailors kitchen (very VERY small kitchen--room to walk in and turn around...thats about it). A lot of money just to move in! [Roll Eyes]

My point is the ridiculous amount of money for a very small apartment...if you knocked down the wall between the living room and bedroom it could easily be a studio apartment. That was in Beverly, Mass...about 30 minutes from Boston.

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William Leland III
Master Film Handler

Posts: 336
From: Charleston, SC,
Registered: Aug 2002


 - posted 06-24-2003 01:42 PM      Profile for William Leland III   Author's Homepage   Email William Leland III   Send New Private Message       Edit/Delete Post 
Rachel why did u pay a finders fee? what do u mean by that?? we don't do that here in charleston. i've heard of a finders fee for land and houses but never for an apartment complex.

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Bill Gabel
Film God

Posts: 3873
From: Technicolor / Postworks NY, USA
Registered: Jan 2002


 - posted 06-24-2003 03:11 PM      Profile for Bill Gabel   Email Bill Gabel   Send New Private Message       Edit/Delete Post 
Here in NYC, you have rental agents that have lists of apartments that are available. Those agents work with or for the landlords. So you tell the agent what you are looking for and what you can afford to pay on rent. So that agent will show the apartments in the area and price range. When you find the apartment you like the agent will run a credit check and start your paperwork for the landlord. For that work the agent gets like what Rachel said as a fee for finding that apartment. And all the landlord does is collect the rent. The agent does all the work.

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