At first check, Dallas doesn’t appear to have many states with New York and Los Angeles beyond position among the ten largest cities in the U.S. Yet, notes Texas real estate developer Marcus Hiles, “When you dig a little deeper, it turns out that all three locales have more renters than homeowners.” In fact, 55.9 percent of Dallas households choose in rental housing. Across the country, Americans are increasingly enjoining tenancy over home ownership, with the mass of renters running after to grow by at least a half million each year through 2023. Disagreeing to common proposition, homeowners’ housing expenditures far exceed that paid by renters. While the annual budget of rent may jump on total house payments for the year, buyers are filled with maintenance bills and taller utility payments — making the rental lifestyle even more friendly.
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