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Millennials have some competition in the rental market-older renters

January 14, 2016 By Dan Leave a Comment

160111113946 house for rent signLook out Millennials, you've got growing competition in the rental market.

Renters are looking a little older these days.

Rental applicants tend to conjure up images of recent college grads looking to start their life in the real world. But Millennials are facing increased competition from people who have already spent decades in adulthood, and may have better credit and higher income.

Source: Millennials have some competition in the rental market: older renters – Jan. 14, 2016

Filed Under: Real Estate News Tagged With: college, college grads, credit, higher income, income, millennials, rental, rental applicants, rental market, renters

ABOUT ME

Daniel Terry is a licensed Broker and Investor with Jae Evans Real Estate in Bellevue, Washington. Daniel has over 18 years of experience in the real estate industry, including home purchases and sales, property leasing, and various real estate investment strategies such as flipping and wholesaling. Read More…

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