There’s a new king of overpriced real estate, and it’s wearing Prada. Milan’s Montenapoleone Street has officially dethroned New York’s Upper Fifth Avenue as the world’s most expensive shopping destination. With rents soaring to a jaw-dropping 20,000 euros per square meter, this quarter-mile stretch of luxury is where brands like Fendi and Versace go to flex their financial muscles. But hey, when you’re dropping 2,500 euros per purchase, who’s counting? Unless, of course, you’re the one paying rent.

Montenapoleone – The New World’s Most Expensive Street