Wednesday, October 25, 2017

Report shows renters getting older and better educated via ConsumerAffairs.com

Only a couple of decades ago, renters were typically people in their 20s who lived in dingy apartments in poorly maintained old buildings until they saved enough to buy a place.

Well, as Bob Dylan noted back in the 60s, the times, they are a changin'.

Today's renters are a different breed who want a place offering a convenient, quality lifestyle, a comfortable living space, a place to exercise, and a place to socialize -- all in one package.

A report from RentCafé points to data from the Census Bureau, which shows that there have been numerous changes to renting since 2009 -- around the time when the housing meltdown had more people looking at renting rather than owning.

Read more...Report shows renters getting older and better educated

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