The Gardens at Twin Hickory Blog

RSS Grab The Garden's RSS Feed

Get e-mail notifications of new blog posts! Enter email address below.


Delivered by FeedBurner

 

Renting has Become the New American Dream

- Tuesday, January 29, 2013

Do you rent an apartment in Glen Allen, Va? As a renter, you are not alone.
 
Renting has become the new American Dream. In 2012, the percentage increase of housing rentals by single families grew in many states, making it clear that people are moving into the renter’s market.

According to Matthew Turgeon from Rhino Media Group, renting is on the rise all over. “We have seen a dramatic increase in rentals. The growth of the rental market has caused a new opportunity for both investors and renters.”

The Wall Street Journal confirms that more people are flocking to renting as opposed to buying. In a 2011 article, they point out that home ownership was 69% at the end of 2005, 67.2% at the end of 2009, and 66.5% at the end of 2010.
 
The thought that these figures are somewhat affected by people not being able to afford a home is not entirely accurate according to the Wall Street Journal. In 2012, the Journal reported that many people believe that the housing crisis is far from over and that renting is the best place to keep your money safe. “I would rather throw my money at the rental market than allow a bank to get richer from me,” says Tom Sheer from Livonia, Michigan. “Even if my rent is not going towards my equity, that means nothing when there is no way to know how much equity your home really has.”

Regardless of what economic experts tell us about the markets, the economy, and mortgage rates, the statistic simply do not lie. More people are flocking to rentals than they are to home ownership. It will take more than great interest rates in order to turn the tides, and until then, continue to  watch as people fight for that right apartment as they fought for the right home only a decade ago.

For more information on The Gardens Apartments, contact us.

Excerpts B2C


Recent Posts


Tags

va property and maintenance staff home maintenance and repair expenses things to do in Richmond apartment decorating ideas Virginia Horse Festival halloween costume safety tips rent or own Great American Indian Festival apartment floor plans, VA Fouth of July Mother's Day gift ideas catch and release day Richmond jazz fest Halloween parade fitness room one bedroom apartments in Ridgeland, SC tornado shelter Valentine’s Day, Richmond housing market grilled burgers recipes Western Caribbean Support Virginia Green Oyster Roast & Festival get fit Richmond, VA festivals 9th Annual Seafood Splash Earth Day holiday spirit 4th of July Arbor Day RVA Fit Party date ideas pool Glen Allen, VA Christmas events in Richmond summer activities for kids ozone in Richmond mother's day in Richmond renter tax deductions Richmond Wedding Expo luxury apartment community apartment events news carpooling, VA community event where to eat Richmond, VA Halloween events indoor air apartment amenities, VA Israeli Film Festival Easter, Richmond valentines day date ideas car pooling, VA rent tax deductions Craft Beer Festival Octoberfest Richmond where to buy Thanksgiving pies events, Richmond, VA potluck new home free concert series, Richmond voter registration application Crabbie's Ginger Beer Richmond food truck court heat warnings in Richmond St Patrick's Day in Richmond, VA Carytown Craft Beer Fest Glenn Allen, VA apartments in Glen Allen, VA Richmond events location Food Truck Court Halloween recipes fishing Richmond International Film Festival air purifiers seasonal decorating ideas live music in Richmond indoor air quality art events in Richmond South of the James Farmer's Market potluck dinner New Year's Eve Events, Richmond tornado safety things to do, Richmond, VA cupcakes The Flying Squirrels Spring Bloom Festival what to do around Richmond improve apartment air quality Summer Sounds free concert series festivals in Richmond arts and entertainment calendar Richmond holiday events renting vs buying Thanksgiving pies make friends things to do, Richmond Christmas Ride and Tacky Light Tour Great American Indian Exposition and Pow Wow buy a home now or rent apartment amentities Glen Allen, VA CHOCOHOLIC! Green Oyster Roast & Festival pet friendly apartments Richmond Tacky Lights Christmas Tour events in Richmond, VA Halloween activities fishing day cruise for two increase gas mileage, VA transferring to Glen Allen, VA events in Richmond during a tornado Dominion Riverrock, richmond the gardens at twin hickory Lewis Ginter Botanical Garden richmond va summer vacation heat index in Richmond Restaurant Week financial tips apartment air quality va apartments Glen Allen labor day events exercise for the family city for professionals three bedroom apartments in Ridgeland, SC most patriotic city gas prices, VA renting vs owning car insurance rates Richmond Folk Festival Anthem Moonlight Ride, Richmond Earth Day Festival free kid activities cooling centers Virginia public schools Mother's Day ideas take charge of happiness renting in Richmond perfect home oysters halloween events, Richmond Central Virginia Food Truck Rodeo how to improve credit score apartments in Richmond, VA hiking trails near Richmond pool party Earth Day 5K Richmond races apartment in Glen Allen, VA inexpensive decorating ideas Valentine’s Day, Glen Allen pub crawl Richmond moving closer to the city Summer Sounds, Richmond catch and release fishing day two bedroom apartments in Ridgeland, SC halloween safety tips professional class best place in VA to raise a family hurricane safety St. Patrick's day Richmond healthy kids moving to Richmond, VA renters market Botanical Garden ways to stay cool, Richmond, VA setting your AC PMI dogs in apartments tax deductions for renters things to do around Richmond new community floor plans, VA cost to maintain a home pet friendly renting in retirement Richmond 's local bands HHHunt Apartment Homes Cajun Fried Turkey Recipe Richmond 's top local bands keeping new years resolutions Fireworks Richmond urban scavenger race things to do, Glen Allen dogs for apartments relocating to Richmond benefits in Richmond, VA looking for apartments near Richomond lookiing for apartments in Glen Allen, VA Virginia Beach Chill Fest Valentine’s Day Restaurants Memorial Day, Richmond meet neighbors Glen Allen events quality of life The Color Run one bedroom apartments in Glen Allen, VA Ice skating rent an apartment air quality in Richmond James River Fish Fest school bus safety Beer, Bourbon & BBQ Festival Shamrock The Block St. Patricks Day Richmond home office deductions apartment decorating tips Octoberfests in Richmond decorating ideas things to do St Patrick's Day events Generation Rent Halloween festivals Richmond Bacon Fest take a hike America's best roommate deciding whether to rent or buy Valentine's Dinner richmond apartments MOCA Art Show home ownership 4th of July parade lifestyle waterparks, Richmond, VA festivals near Richmond November festivals, Richmond home office 2011 Earth Day Festival announcements trees lower car insurance rates private mortgage insurance Jewish Food Festival apartment news glen allen va Tacky Lights Christmas Tour apartment homes Valentine’s Day valentines day richmond things to do Richmond Richmond Earth Day Festival Fall Line Fest apartments near Richomond Easter on Parade, Richmond setting your thermostat Virginia renting or buyiing family event Shokoe on the half shell festival renter's insurance best roommate tax deductions hurricane recovery tips moving to Glen Allen, VA take a walk maintenance and repair expenses What is the cost to maintain a home why rent renting Fireworks washing windows Richmond craft beer events memorial day weekend The Gardens apartment safe place kids health June festivals in Richmond neighbors richmond fireworks dining apartment decorating Richmond's Flying Squirrels apartment living for dogs candy corn recipes making friends pets craft brews Richmond Film Festival Night Out at the Diamond Hardywood Bluegrass Festival moving pets, VA tornadoes Snow Days Festival reviews of apartments in Glen Allen, VA festivals Richmond apartments in Richmond Farmer's Market new years resolutions apartments in Glenn Allen, VA Richmond Virginia Wine Expo Memorial Day recipes to do in Richmond arts and culture xpo New Years in Richmond, VA All Brass Kick Off Bash things to do in Glen Allen fall festivals, Richmond bingo Crabbie's week in Richmond gift ideas running of the bulls relocating choosing a pet pet friendly apartments, VA Food Truck Rodeo rent renting in Glen Allen, VA apartment amenities recreation Richmond Festivals apartment living walking group free bowling rent is tax deductible Festivals around Richmond Ashland Stawberry Faire Memorial Day Richmond Fall Festivals Vibe Frost free rent new apartment home Richmond area festivals Chocolate events christmas tree recycling Richmond area rental decorating ideas First Fridays art walk renting in Richmond, VA walking Mother's Day outings renting or buying Richmond singles state parks near Richmond Dishcrawl Richmond glen allen apartments Rose Fest Coastal Virginia Wine Fest apartment community Octoberfest in Richmond wine tasting, VA apartments reviews, Glen Allen, VA St. Patrick's day events Richmond find a home rent or buy 12 month leases before a tornado James River Cellars Winery Chesterfield County Fair best jazz festivals on the East Coast increase happiness holiday lights Richmond Earth Day Richmond Restaurant Week two bedroom apartments in Glen Allen, VA $25.00 gift card decision to buy or rent a home Glen Allen wine tastings luxury apartments wine festivals hurricane Irene proximity to Richmond Richmond Jazz Festival March festivals St. Patrick's Day #HowYouLive Great American Indian Pow Wow improve credit score relaxing Valentine's day in Richmond St Patrick's Day events, Richmond, VA AC care hurricane jazz festivals clean and streak free apartment home living The Gardens at Twin Hickory Apartment Homes oystoberfest Restaurants open for Thanksgiving Dinner shopping centers recycle Christmas Trees Valentine’s Day Dinner New Year's Eve Events apartment fitness center March festivals, Richmond kids in Richmond do i need renter's insurance April festivals, Richmond, VA buy or rent a home apartment hunting in Glen Allen, VA Richmond American Indian Pow Wow buy or rent Richmond oktoberfest three bedroom apartments in Glen Allen, VA the right kind of exercise for dogs exercise transferring to Richmond, VA craft beer events in Richmond bands from Richmond cleaning the inside of your windows central virginia wine festival

Archive