Millennials are fueling a rental boom but when will the tide turn?
Millennials are holding off on buying homes.
The result: an extended rental trend among 25- to 34-year-olds that is bringing real estate opportunities of its own.
Between 2000 and 2010, the number of millennials nearly doubled in central city neighborhoods of the Philadelphia-Wilmington-Camden metro area, to 50,273, according to an October report from think tank City Observatory.
This article was featured in an edition of AAOA Today and was hand selected by our editors as a piece of interest for American Apartment Owners Association Members
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