Renting is Increasing in the Suburbs – Lexington Park, MD

In the American imagination, suburbs are places to buy a house and put down roots. But a growing percentage of suburbanites rent. About 29% of suburbanites living outside the nation's 11 most populous cities were renters in 2014, up from 23 percent in 2006. The finances of home ownership since the mortgage meltdown might be a lead reason for the change, but the cost of renting also is rising in most of the biggest metropolitan areas.
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