Hiles’ Luxury Communities Making Renting Preferable To Ownership

Hiles’ Luxury Communities Making Renting Preferable To Ownership
Hiles’ Luxury Communities Making Renting Preferable To Ownership

In Texas and across the nation, why are so many preferring to rent instead of own? Western Rim Property Services CEO Marcus Hiles notes that people are increasingly welcoming the flexibility that accompanies the rental lifestyle. “We’re a mobile population,” Hiles says. “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 points to research which shows renters coming out on top, falsifying any myths that homeowners have an edge on personal fulfillment, “People who rent actually spend more time engaging in leisure activities and interacting with their friends and neighbors,” he notes.

Read more: http://markets.ask.com/ask/news/read/32383517

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