Rental Market

  • Rental Market

    Rental Market Update – January 2020

    There’s no denying that the rental market is tight right now, especially in the Austin area. The big question is if the majority of renters are Millennials or people between the ages of 18 and 25? The answer to this question is no. In today’s world, there are people from every generation who are renting, this includes Baby Boomers because this generation is living longer than ever before thanks to the wide variety of health care options that are available to them in North America. Where is the major of demand for rental properties coming from though? As of January 2020, most of the demand for rental properties (40%) is…