‘Boomerang children’ are here to stay. Here’s how to rent to multigenerational households.
There are more multigenerational households than ever to try and withstand the current economic climate. Here’s how that could benefit your rental income.
The dip in demand in these areas could also suppress rent increases for existing tenants. “Property owners are even more incentivized to retain tenants, since units may sit empty for longer in current conditions,” said Zumper CEO Anthemos Georgiades. “[A renter] staying in place will likely mean a minimal rent increase this year, if any.”
More rental market headlines
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The Midwest trails Miami on the hottest rental markets list – Multifamily Executive
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