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Freddie Mac: For Many Renting Is A Strategic Choice

“These changing perceptions, combined with rising rents and tightening supply of affordable housing, are likely to fuel continued multifamily market growth in the years ahead."

Freddie Mac headquarters

McLEAN, VA–More Freddie Mac research on the state of affordable housing in the US  shows that a large number of renters view renting as an option that fits their lifestyle and is a strategic choice at many life stages. More renters believe this despite their view that housing prices — both to purchase and rent — continue to rise and supply continues to tighten. The study also finds that an increasing number of America’s renters are satisfied with their living situation and consider it the most affordable option for the foreseeable future.

Changing attitudes toward renting, in short, are playing a significant role in the growing demand for rental housing.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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