The Housing Market Has Gotten So Bleak That Even Millionaires Are Renting Right Now

The housing market has gotten so bleak that even millionaires are renting right now

via rentcafe.com

Short excerpt below. Read at the original source.

Millionaire renters in the U.S. have tripled from 4,500 in 2019 to nearly 13,700 in 2023, showing a surprising shift among the wealthy toward renting. While New York and San Francisco remain popular, Texas and Florida are emerging as new hotspots for affluent renters seeking flexibility and luxury without homeownership hassles. Rising costs and market […]

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