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The Rise of the Forever Renters.

Authors :
Wolfe, Rachel
Dagher, Veronica
Source :
Wall Street Journal - Online Edition. 12/23/2023, pN.PAG-N.PAG. 1p.
Publication Year :
2023

Abstract

The article discusses the rise of long-term renters in the United States, who are choosing to rent instead of buying homes. This trend is leading to the development of new rental communities and changing the rental market. Renters are enjoying the flexibility and amenities that come with renting, and some are even investing in upgrades and modifications to their rental spaces. However, this shift towards renting is also causing a decline in affordable rental options for lower-income individuals. Financial planners are advising long-term renters to explore alternative ways to invest in real estate and diversify their portfolios. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
174425517