The Number of U.S. Renter Over Age 55 Has Been Steadily Increasing Since 2007
The number of U.S. renters over age 55 has been steadily increasing since 2007, adding to the growing number of Millennials who are also renting instead of buying. Boomers are looking for very different amenities than budget-conscious Millennials, including more space, longer leases, and more luxury options that will allow them to age comfortably.