Much has been said about millennials and their continuing struggles in homeownership. In fact, experts have repeatedly stated that millennials are today’s “renter generation”, since renting caters best to their preferences.
Surprisingly, however, another generation is seen to enter the renting market: the Baby Boomers. With most of them nearing (or are already entering) retirement, baby boomers are now looking into the numerous benefits of renting apartments over downsizing.