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Apartment Craze

Apartment Living Craze-Is The Boom Over?

While numerous people are still seeking rental houses, the construction of more rentals is taking place because of the increase in demand for apartment living.

The inclusion of approximately 2 million new rentals took place in 2014 while the number of owner-occupied homes reduced by over 35,000 according to the U.S. Census Bureau in 2015.

As more “Generation Y” members enter adulthood and start their journey into the employment sector, most opt for rentals than mortgage investments. Here’s a list of reasons why this trend remains popular.

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