High-Income Renters are on the Rise for a High-End Apartment in DFW

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The demand for a high-end apartment in DFW is on the rise. Dallas already has projects underway to meet the demand. The rents for such apartments of extremely higher than the average apartment, however high-income renters are willing to pay.

Luckily the numbers of high-income renters are increasing. According to Dallas News, “an increasing number of older, well-off urban residents have been trading homeownership for a rental lifestyle in new luxury buildings. Empty nester and boomer residents are showing up in apartment projects that a decade ago were aimed at mostly young renters.”

Dallas – Fort Worth isn’t the only area seeing an increase number of high-income renters. Cities such as Denver, Austin, Oklahoma City and New Orleans are also seeing a rise in demand for high-end apartment renters.

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