Overview

The map on the left shows the percentage of home renters in . For households just getting started this is the most common housing option. Renting a home means ...

• •  Greater flexibility in living options
• •  Lower up-front costs than owning
• •  No long-term commitment
• •  No maintenance costs or repair bills
• •  No real estate taxes

Base on various studies, neighborhoods with high percentages of rented homes tend to be more risky over time. Thereby creating a poorer environment for raising children, creating long term relationships and development of a stronger neighborhood (e.g. crime prevention and civic pride)

Sources: STI: PopStats

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