…and what will it cost?
We have all heard that business is Global, but what does that mean for those of us who provide housing worldwide? One of the topics at ERC / Employee Relocation Council is there is an emerging trend for US workers to go abroad and then decide they like the life style so much they aren’t going back and they will frequently switch jobs to stay overseas.
This week the Wall Street Journal is talking about the cost of these employees living around the world “Four cities that have seen some of the biggest jumps in rental prices over the past year are Dubai, where an apartment in a prime location surged 14.3% from 2012 to $3,628 a month for a two-bedroom; Beijing, up 8.5% to $3,125 a month; Shanghai, up 6.1% to $3,387; and Hong Kong, up 3.7% to $6,223, according to Knight Frank, a global property consultancy based in London. Expat living, on the whole, seems to be on the rise, with global rents jumping 5.1% over the past year in 11 global cities surveyed. New York City grew a relatively modest 4.5% but has the highest monthly rent—roughly $8,200 a month—of the cities surveyed.” Read More…
At CorporateHousingbyOwner we get calls from both tenants and property owners about destinations around the globe and we are developing some new tools to make finding the properties easier. In the short run, if you don’t find what you are looking for on CHBO always complete a Housing Request and our team will work to connect those with housing providers that can deliver you the housing options you are looking for.
Currently there are 14 countries represented on CHBO and we are always working to add more. If you have a corporate property outside of the US call a Property Specialist to add your property to CHBO 877.333.2426.
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