Marcus Hiles – On Urging Dallas Renters to Focus on Lifestyle Amenities

Marcus Hiles - On Urging Dallas Renters to Focus on Lifestyle Amenities
Marcus Hiles – On Urging Dallas Renters to Focus on Lifestyle Amenities

Dallas doesn’t appear to have many commonalities with New York and Los Angeles aside from ranking in the top ten largest cities in the U.S, however Texas real estate developer Marcus Hiles notes, “When you dig a little deeper, it turns out that all three locales have more renters than homeowners.” Recent numbers show, 55.9 percent of Dallas households live in rental housing. Its not just in Dallas, all across the country, Americans are increasingly choosing tenancy over home ownership, with the population of renters expected to rise by at least a half million each year through 2023. While true, annual cost of rent may outpace total house payments for the year, homeowner’s are saddled with required maintenance expenses and higher utility payments – making the rental lifestyle even more desirable.

Read more here: http://finance.yahoo.com/news/marcus-hiles-urges-dallas-renters-050322393.html

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