Remove 2012 Remove Rental Property Remove Utilities
article thumbnail

2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Thus, there is a much greater need for rental assistance. million) spent over 30% of their income on utilities and rent. million affordable units since 2012. Mortgage borrowing for multifamily properties was down 48% year over year in Q2 of 2023. Instead, Gen Z is now fueling the growth in rental households.

Apartment 130
article thumbnail

What to Know About Hosting Millennial Travelers in Short-Term Rentals

Host Tools

Many Gen Z travelers, born between 1997-2012, are even more digitally savvy and prioritize experiences over material possessions. However, their leisure travel habits overlap with Millennials in terms of seeking affordability, diversity, sustainability, convenience, and utilizing digital channels to research and book accommodations.

Media 52