Meet the newest, bestest real estate porn: high-rent rental apartments! Just imagine, instead of building equity with your $35,000 monthly payment, you can flush it away! Reports New York, "At the Grand Tier, the monthly rent for a four-bedroom duplex is $35,000. Buying a comparable place could cost up to $12 million, and?with a smallish down payment?a mortgage in that range can approach $70,000 a month. Crazy as it sounds, it's cheaper to rent, at least for a while." Crazy as it sounds, this almost makes sense!
· The $35,000/Month Apartment [New York Mag]