ALEX Labs just completed analysis of Rent Cafe‘s report on Millionaire and High-Income Renters. “…Renters in the…$150K+ …Highest Income Range Grew Faster Than All Other Income Groups…” Texas and California tied for States with the most cities with High Income Renters.
WHY RENT?
High home prices. In nine of the 10 cities where the number of top-earning renters leapfrogged considerably, growth in home prices was higher than the national average (29%).
WHERE ARE HIGH INCOME RENTERS LOCATED?
Texas and California tied for the largest number of cities in the US top 20 with 4 each. In Texas, Houston ranked no. 8, Austin ranked no. 11, Dallas ranked no. 12 ,and San Antonio ranked no. 20.
New York has the highest # of High Income Renter Households. San Francisco has the highest % of High Income Renter Households.
SEARCH TEXAS RENTALS
Austin
Dallas
Houston
San Antonio
ALEX’s business model is very different. ALEX Agents and Brokers focus on clients not property type or location. They manage all client real estate transactions. Any type Any size. Almost any location. More information.
FOR MORE INFORMATION
Diane Hart Alexander, MBA, MHA, Broker CEO
Alexander Tiffany Southwest dba ALEX.realestate
Chairman, ALEX Cares
v 713.591.9902
o 713.918.9951
e diane@alex.realestate
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