Marcus Hiles Accommodating Growing Number Of Urban Renters

Marcus Hiles Accommodating Growing Number Of Urban Renters

The need for modern rental homes is increasing, as many renters now see units as a long-term solution rather than temporary living. For countless Millennials as well as other generations, renting is now the preferred method. According to the National Multi-Housing Council, 14 percent of Texans are currently renting and that number is expected to grow. The percentage is usually higher In large cities. Approximately 41 percent of Houston’s residents are renters, and in Austin, the number is 35 percent and in San Antonio, it is 24 percent. Notes Marcus Hiles, “The American dream is now not owning a home but renting an apartment.” Hiles goal is to create rentals in top locations and near the best schools, and modern amenities.

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