Aparment renting is the new buying. It may seem that many have chosen renting over buying in the post-recessionary economy – because the mortgage market is still daunting.
Moreover, when you include the luxury amenities that many apartment homes come equipped with, tweaking the dream of owning a home to include renting one makes perfect sense.
Renting provides a flexibility and freedom that owning a home cannot. While the desire to put down roots and build a nest may be strong for many, the economics of renting is beginning to make more sense.