Interesting data from leading Real Estate Research Consultant John Burns Research and Consulting.
Another reason why Build-To-Rent provides a solution for those unable to purchase a home currently or would find it challenging to live in a traditional multi-story apartment with stairs and/or no backyard.
On paper, owning a home is almost always more expensive than renting — about 14% more, on average, after factoring in expenses like insurance, taxes, and upkeep.
Fannie Mae, which surveys consumers monthly on their feelings about the housing market, found in October that a record high 36% of consumers say their next move will be to rent rather than buy.
Here’s the full article: https://yhoo.it/3APXx6Q
