And you thought you were throwing money away on rent

Why rent rather than buy? For lots of us the answer is that we can’t afford to buy, but at the high end of the rental market there are plenty of people who clearly can afford to buy but instead rent properties like this one at 1834 N Mohawk listed by Rubloff for $12,000 a month.

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The 7,000-square-foot home has five bedrooms, five baths, and a private terrace with a garden.

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