The COVID-19 pandemic kept more people in their apartments last year.
This may come as a surprise, given the data that show more Americans moving to lower-cost areas of the country. Yet in a recent report, RENTCafé said that 10% fewer renters applied for a new apartment last year, which broke a years-long trend of single-digit increases. These results were consistent with a RENTCafé survey in April of 2020, when 11% of renters said they were staying put.
Read more...More Renters Stayed Put Last Year via GlobeSt