Property Management Blog

With Millennials facing an unemployment rate of more than 8% and $1 trillion in student loan debt, renting to millennials is an area that every property owner should be exploring. In fact, the true homeownership rate for 18-34 year olds has fallen to a new low: 13.2%. But finances aren’t the only reason for the dip in homeownership. Millennials are recognizing the many benefits of renting — including reasons that have nothing to do with money. Here's an infographic from Appfolio that sums it up: