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

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

Archive