More renters in it for the long haul than a decade ago
It used to be that most renters moved within five years, but an increasing number are staying put for much longer than they did a decade ago.
With house prices down, sales listings up, and rent growth sluggish, the market appears to be moving in that direction.
However, the upcoming presidential election is more likely to have a significant influence on the market than an isolated rate cut.
More rental market headlines
Top 4 states where the most young and rich Americans are moving to – Fortune
Move over, gyms and pools: Renters want pet areas and happy hour – Zillow
Research points to the downsides of rent control – Multifamily Dive
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