Why the preference for renting over holding a mortgage? Marcus Hiles explains that, in Texas and across the United States, people love the flexibility that the rental lifestyle affords. “We’re a mobile population,” he exclaims. “The idea of settling in one place for a decade – or for the length of a 30-year mortgage – doesn’t hold the same appeal as it did a generation or two ago.” Proving that homeowners do not have an edge when it comes to personal fulfillment, Hiles looks to research proving that renters come out on top. “People who rent actually spend more time engaging in leisure activities and interacting with their friends and neighbors,” Hiles says.
As the trend towards buying a home later in life continues, Marcus Hiles builds for the success of his complexes and their residents. Renting has increased in popularity throughout all income tax brackets, with amenities such as concierge services, business centers, private parks, swimming pools, and nature trails providing an upscale ambiance for hard working young adults and families. Neighborhood social events and sustainable development have become a standard of living for eco-conscious and socially connected young professionals. New technology, including the “Internet of Things” (IoT) has made leasing options a smarter choice for Texans looking to live comfortably.