Staff Reporter
,
Hong Kong
Average monthly rent of $3,435.95 was recorded in the country.
A study by Compare the Market revealed that Hong Kong was the third-best market for private landlords to earn from their tenants.
A monthly average of $26,810.94 (US$ 3,435.95) private rent was observed from the city.
Leading this list were two cities, namely, San Francisco and New York in the US, with average monthly rents at $39,290.47 (US$ 5,035.40) and $36,732.15 (US$ 4,707.54), respectively.
Compare the Market also found that private landlords earn 48% more compared to Airbnb hosts.
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