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Financial Benefits of Renting vs. Selling My Home | INFOGRAPHIC

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Financial Benefits of Renting vs. Selling My Home | INFOGRAPHIC

26/1/2018

You may have heard that rental properties are a great investment, but have you heard why?

Renting out your home offers a number of advantages over selling -and the numbers don't lie. Here's a look at what makes rentals a profitable investment both immediately and for the future.

Check out some more great Rent Estate stats and financial benefits to renting out your home!



    • The market is experiencing strong renter growth.

        • More U.S. households are renting than at any point in 50 years.

        • The total number of households in the United States grew by 7.6 million between 2006 and 2016. But over the same period, the number of households headed by owners remained relatively flat.


    • Renters are a diverse group.

        • While young adults -those younger than 35 continue to be the most likely of all age groups to rent, rental rates have also risen notably among those ages 35 to 44 as well as among households headed by someone ages 45 to 64.


    • Demand for rentals is expected to continue to climb.

        • It's estimated that between 2010 and 2030, there will be 4 million more new renters than homeowners. An estimated 22 million new households will need homes to rent or buy, 13 million will rent, but only 9 million are expected to buy.