The Millennial Effect: Why Single-Family Home Rents Are Soaring
In today’s rental market, a significant trend is reshaping the landscape: single-family home rents are dramatically outpacing apartment rentals. Behind this shift? Millennials—now the dominant demographic in real estate—are driving demand as they seek more space without the financial hurdles of homeownership. The Numbers Tell the Story Recent market analysis reveals a striking disparity: single-family…