Marcus Hiles - Compares Renting and Home owning in Dallas

Marcus Hiles – Compares Renting and Home owning in Dallas

The single analogy that Dallas, New York, and Los Angeles might have is being included in the top 10 biggest cities in the country. But according to Marcus Hiles, a renowned real estate developer in Texas, one may also realize that the individual population of these three cities have higher number of renters than homeowners. In fact, renal housing occupants cover 55.9 percent of Dallas households. Tenancy is getting more and more popular in the country, where 500,000 increase in the numbers of renters will happen every year through 2023. Many people thought that renting is more expensive than homeowning with regards to expenditures but it’s actually a myth. Unlike home buyers, renters don’t settle higher utility bills and maintenance costs, which is the rental lifestyle has greater popularity.

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