Not exact matches
«RentTrack gives
renters, especially
younger ones, a new level of control
over their financial future,» said Matthew Briggs, CEO, at RentTrack.
While 53 percent of adults on average
over the age of 30 say
renters insurance is too expensive, only 32 percent of
young adults consider this an important reason for their decision.
Opting for West Virginia
renters insurance is a smart move for a
young adult just getting established, because the cost of facing liability or of trying to start
over after a fire or some other occurrence would be crippling to most
young people who usually do not have a lot of money to begin with.
Whether you're
young or old, new in town or just starting
over after a divorce, having a dependable Garland
renters insurance plan is a must.
Seventy - six percent of
young renters, defined in this study as between 18 and 39, think owning makes more sense because they're protected against rent increases, and owning can be a good investment
over the long - term.
Of the 118,208,250 households in the United States,
over 43 million are
renter - occupied, a number which continues to rise as
younger generations increasingly choose to rent instead of buy.
«
Over the longer term, the number of
younger households is set to rise sharply, supporting growth in the population that fuels growth in both new
renters and first - time buyers.
From the vantage point of
renters, price appreciation puts homeownership further out of reach in two ways: It increases the amount they need to borrow, increasing the prospective monthly mortgage payment; and it increases the amount of the down payment needed to obtain a mortgage.2 The typical
renter does not have large financial assets to tap in order to come up with a down payment.3 And an analysis of Federal Reserve data shows that the typical amount of financial assets owned has decreased
over the past decade for
younger and lower - and middle - income
renters.