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College Grads are Renting

- Thursday, January 12, 2012

Once upon a time, college students dreamed of graduating and then buying a home and having a mortgage. Not so anymore.

With an uncertain economy, and more people moving to take jobs where they can find them, renting is what this generation is doing. More and more college graduates are renting an apartment in a beautiful apartment communities, complete with swimming pool, fitness center, volleyball courts and other apartment amenities.

For the first time in our history owning a home has lost its luster for the young. Since 2008, the percentage of young people who think that owning a home is “better than renting” has fallen.

Renting an apartment in Roanoke, VA has acquired a sort of cool respectability. Empty nesters figured it out a couple of decades ago, when they began getting rid of their high-maintenance houses.
 
Some of the forces driving the change are cultural. People are getting married later and they travel light longer.

Many are renting apartments because mortgages are hard to come by. There’s no stigma to renting anymore, and there’s just so much to keep you interested and busy in an apartment community.

For more information on one  or two bedroom apartments in Roanoke, contact West Wind Apartments.

Original article The Daily Beast


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