In the decade since the housing market bubble rocked the economy, the homeowners' market has felt the tides change. That is according to a recent story from GlobeSt.com sister publication, PropertyCasualty360.com. And while home prices across the country have risen, the market for renting has surged—in large part due to millennials, who have surpassed baby boomer generation as the largest generation in the American workforce, the publication says.
For those considering where to relocate next, factoring the cost of rent is an essential consideration. GOBankingRates, using data from Zillow on the year-over-year change in median rent, has determined the top 15 cities where rents have increased the most in 2017.
Check out their full article to see which cities renters may want to avoid and the top 10 cities people are moving into by clicking here.
In the decade since the housing market bubble rocked the economy, the homeowners' market has felt the tides change. That is according to a recent story from GlobeSt.com sister publication, PropertyCasualty360.com. And while home prices across the country have risen, the market for renting has surged—in large part due to millennials, who have surpassed baby boomer generation as the largest generation in the American workforce, the publication says.
For those considering where to relocate next, factoring the cost of rent is an essential consideration. GOBankingRates, using data from Zillow on the year-over-year change in median rent, has determined the top 15 cities where rents have increased the most in 2017.
Check out their full article to see which cities renters may want to avoid and the top 10 cities people are moving into by clicking here.
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