Covid-19 has caused global demand for rental properties to plummet as the impact of the pandemic continues to impede overseas assignments.
Six US cities now feature in the top 20 global rankings for rental accommodation, with three now in the top 10.
London’s rental accommodation cost has increased by £121 per month on average
Taipei now the 49th most expensive location in the world for expatriate rent.
Dublin remains the fifth most expensive for rental accommodation in Europe.
Average monthly rent in Singapore is now USD 4 233 per month, an increase of 1.4% from last year.
Average monthly rent in Hong Kong has increased 3.45% to USD 11 318 (HKD 88 750).
Edinburgh has jumped eight places in the accommodation cost global rankings, and has reached its highest position in Europe in four years.
London rent most expensive in Europe for expats
Hong Kong is the most expensive place in the world for expatriate rental accommodation, with average monthly costs of USD 10 929.