In a recent survey released by Freddie Mac, 78% of people believe that renting is more affordable than owning a home. This is an 11 point jump from a survey six months ago, which asked the same questions.
This seems to be a worrisome trend that the housing market is starting to stagnate with the entrance of Millennials. People just cannot find the funds, or capital to make owning a home a viable purchase. Renting will continue to be on the upswing as long as housing prices remain high and renting remains affordable.
If you are an agent looking for ways to capitalize on this boon, and obtain more clients, Rental Beast is here for you. We offer a database of over six million non-MLS rental listings, and a slew of productivity tools. Join today and you can get your piece of the 12 billion dollar rental commission.
If you are a renter, looking to find your next home at an affordable rate, contact us today. We here at Rental Beast are glad to help you in anyway you need, and our white glove service is unmatched.
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I just moved back in the area and I’m looking for a place to rent but I do not have security deposit I just started a new job what can I do
When applying for an apartment, you typically have to show proof of your employment. If the landlord is satisfied with your income and ability to afford the rent, perhaps you can negotiate with them about the payment of the security deposit.
For example, perhaps you give first and last month’s rent up front and ask if you can provide them with the Security Deposit the next time you get paid. Not sure if it’ll work with everyone, but it’s worth a shot!