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Beyoncé and Jay-Z Paying $150k a Month to Rent Their Favorite Mansion in Holmby Hills

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Beyoncé and Jay-Z and Blue Ivy have said "bye" to New York City and are living in Los Angeles, because LA is cool. But they still haven't found a place to settle—Minecraft creator Markus Persson outbid them on a flashy megamansion in Beverly Hills (he paid $70 million), so they've been living in a hotel in BH since they got to town (The Beverly Wilshire, where Beyoncé shot her 7/11 video? Maybe!). But they're one of the most famous families in the world; they need their own space. So now, TMZ reports, they've gone back and re-rented one of LA's most expensive houses, a glassy Holmby Hills mansion built on spec that they reportedly first rented last summer. Back then, they were said to have paid about $200k a month; now they've haggled it down to just $150k a month with a year's lease.

The house, built by an Italian developer and finished just last year, has seven bedrooms, eight and a half bathrooms, an infinity pool, a wine cellar, a catering kitchen, a 75-foot-long gallery for art, two libraries, a theater, and a tennis court. It first came on the market asking $48 million, but is now down to just $35.5 million, so why don't the Carters just buy it? As if we have even the slightest clue.

· Jay Z & Beyonce Can't Find a House, So ... We're L.A. Renters Now [TMZ]
· New York Isn't Cool Anymore; Los Angeles Is Still Cool, Though [Curbed LA]
· Inside Jay-Z and Beyoncé's $45-Million Holmby Hills Rental [Curbed LA]