Higher house costs drive record long-term renting, apartment owners say

By bhhsbowen November 22, 2024 CoStar News 0 comments

AvalonBay Communities, the owner of the AVA Balboa apartment complex in San Diego, said it sees a record gap between homeowning and renting in the United States. (CoStar)
Landlords AvalonBay and MAA, as well as investor Knightvest, say some tenants give up on owning