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


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