Dallas, Los Angeles, and New York are not just among the ten biggest metropolises in the nation. One of the real estate developers in Texas known as Marcus Hiles says that the three locales contain greater number of renting citizens than house owners. In fact, rental housing in Dallas encompass 55.9 percent of its households. Home ownership is getting obsolete as tenancy rises in popularity around the country; the anticipated annual growth of renters’ population through 2023 is half a million. Renters actually spend less when it comes to housing expenses compared to homeowners. The problem with buying a home is the owner will have to cover the higher utility payments and upkeep expenditures along the way. This situation somehow increases the appeal of the rental living.

Read more: http://www.marketwatch.com/story/marcus-hiles—-urges-dallas-renters-to-focus-on-lifestyle-amenities-2016-07-21

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