The Hamptons' luxury rental market is experiencing unprecedented demand as wealthy individuals seek summer homes despite limited inventory and rising prices. Brokers express frustration as the same properties are listed repeatedly, depreciating in quality over time. Notably, the influx of potential renters has made the market competitive, with fewer than 50 new high-quality homes available. Premium requests for modern amenities, large spaces, and prime locations further exacerbate the problem, with many high-end renters searching in vain for suitable housing this season.
"This season, the search for the perfect summer rental is leaving these masters of the universe at an unfamiliar loss. Brokers say their frustration is understandable."
"March was insane, and the money people are spending! It's the strongest rental season I have seen. I have a couple houses in Amagansett and honestly I could have rented them over and over, like 10 times."
Collection
[
|
...
]