Why are so many preferring to rent instead of own their own home? Western Rim Property Services CEO Marcus Hiles says that this trend is a result of people welcoming the flexibility accompanying the rental lifestyle. “We’re a mobile population,” Hiles says, referring to both Texans and Americans in general. “The idea of settling in one place for a decade – or for the length of a 30-year mortgage – doesn’t hold the same appeal as it did a generation or two ago.” Hiles notes research that demonstrates renters coming out on top to debunk the myths that homeowners have an edge. This is particularly true when it comes to personal fulfillment, “People who rent actually spend more time engaging in leisure activities and interacting with their friends and neighbors,” he says.
Western Rim’s Marcus Hiles Sites Renting Trend As Result Of Mobile Lifestyles