Zumper reposted this
5 standout 2024 stats from the Zumper annual renter survey: 1. Only 50% of renters felt they were getting a good deal this year. Rent prices in 2024 still reflect the enormous >10% growth in rents we saw in 2021/22, so this pencils 🥹 2. The move to digital rent payments continues at a rapid clip. Only 32% are still paying by checks/cash; a decade ago that was 2x+ higher 💳 3. Respondents spent 42% of their pre-tax income on their rent 💰 4. 44% of renters in 2024 were pet owners 🐈 🐕 🐍 5. 8% received financial assistance from their parents to help with rent; 19% lived with roommates 👨👩👧👦
Bookkeeping, Accounting, and CFO Services for Small Businesses
3dFascinating insights,especially the impact of renter migration patterns on housing demand. A clear reminder of how mobility trends shape local markets.💯