Homeownership Builds Wealth And Offers Stability

Homeownership Builds Wealth And Offers Stability

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Homeownership Builds Wealth And Offers Stability


They perpetuate each other. Does owning your home really create a more stable environment for your family? A survey of property managers conducted by rent.com disclosed two reasons tenants should feel less stable with their housing situation: 68% of property managers predict that rental rates will continue to rise in the next year by an average of 8%. 53% of property managers said that they were more likely to bring in a new tenant at a higher rate than negotiate and renew a lease with a current tenant they already know.


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Image Courtesy of Keeping Current Matters.


Lance Whipple PA Headshot
Author:
Phone: 407-494-6030
Dated: July 12th 2016
Views: 597
About Lance: Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a...

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