A recent report from Freddie Mac says that affordability and changing attitudes about renting are helping to grow demand for more rental housing. In addition, the study confirms that many current American renters are satisfied with their current arrangements and see it as an affordable option into the future. In fact, those who believe that renting is more affordable has actually increased from 68% to 76% since March, 2017, the date of their last renter survey.
“Our rental survey confirms what we’re seeing in the market — that a growing number of individuals across demographic groups view renting as more affordable and better suited to their current economic situation,” said David Brickman, executive vice president and head of Freddie Mac Multifamily.”
Click here to read the full report on FreddieMac.com.
