Western Rim Property Services Chairman, Marcus Hiles, Persuades Dallas Dwellers to View the Lifestyle Amenities

Western Rim Property Services Chairman, Marcus Hiles, Persuades Dallas Dwellers to View the Lifestyle Amenities
Western Rim Property Services Chairman, Marcus Hiles, Persuades Dallas Dwellers to View the Lifestyle Amenities

At first sight, Dallas doesn’t appear to have many populace with New York and Los Angeles beyond rating among the ten biggest 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 thrive in rental housing. Across the country, Americans are increasingly picking tenancy over home ownership, with the volume of renters anticipated to grow by at least a half million each year through 2023. Opposite to common wisdom, homeowners’ housing expenditures far exceed that paid by renters. While the annual amount of rent may leave behind total house payments for the year, buyers are caught with maintenance cost and bigger utility payments — making the rental lifestyle even more beneficial.

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