I Live Above A Mall In Miami, FL For $4,150/Month | Unlocked

Rachel Koggan, 34, lives above a mall in a one-bedroom apartment in Miami, Florida. She pays $4,150 a month in rent. Rachel works in public relations as the vice president of media relations at M Booth.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Produced by: Valentina Duarte
Managing Producer: Beatriz Bajuelos
Camera: Andres Rivera
Editor: Nic Golden Henry
Animator: Gene Kim
Additional Footage: Rachel Koggan

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I Live Above A Mall In Miami, FL For $4,150/Month | Unlocked

[caleblwright]

A $900 increase in rent in one year is insane. $900 is a lot of people's rent lol

[branflakee]

She overpaid for rent, and the landlord still increased her rent.... how do i become a landlord in miami?

[mmyo]

Dang, I checked their career site and the pay for a VP is between 140k-190k. Let's say it's 170k, her take home (after tax) is 10500 monthly, Good for her, but she's still paying 40% of her income on rent.

[sydneysweeney]

the fridge being completely empty.... rich people wild bro

[hh-uvkr]

Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.

[psp]

You pay 4K for rent with one bedroom wtf

[MoneyMan]

$51, 000 dollars per year for a 1 bedroom

[racheldorion]

Her rent increase is why I left Miami in 2022. Our apartment went up 2, 000$ in one lease cycle. Like I’m sorry who can afford that?

[yorkie]

That's roughly $50k per year. In 10 years you'll pay $500, 000 in rent. Imagine the equity in a home

[Bluboy]

Even though I can afford the $4, 150/month price tag, I can't bring myself to pay that amount just for rental. 😂

[beaniemac]

Can't imagine paying that much in rent. And then the mall is another temptation to get her to spend even more money

[selfridgesforever]

This is the issue with renting. They keep putting all these stupid amenities in when people just want a decent sized apartment to live in.

I'm based in London, UK and people have been complaining here about the apartments costs. My sister in america says people are complaining about them too.

We dont need spas, clubhouses, private dining areas and events. They charge loads of extra fees for them too.

We just want a long term rental that doesn't cost half the earth to afford.

[sidehustlevikki]

CNBC clearly we all want to know what her income is to be paying so much in rent.

[anastasializzi]

Lol I want to see a deep dive on her finances

[bryanwilson]

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million

[johnb]

That’s not a ‘Service Dog’, and it’s an insult to people who actually have and need a true service animal. Typical arrogance & smugness of people who use this ruse. smh

[aspiceoflife]

feels like a psychologist's office

[drakeblessum]

Cool spot but $4, 400 a month… that’s almost $50k a year. Dang, I hope she is still investing!

[bwash]

Wow she fits right in with her fake service dog like everyone else in Miami!

[LouisPorterJr]

Her rent was double my mortgage payment when I lived in Broward. LOL!!!!