Millennials Love Renting!

Posted: March 27, 2016 | Source: www.floridarealtors.org

Millennials who have preferred renting apartments in urban areas near restaurants, parks and entertainment may begin moving to the suburbs as their children reach school age. However, apartment construction is surging with 386,000 new apartments (defined as five or more units) in 2015 – the highest number since 1987.