Dreams of homeownership aren’t the only reason why 1 in 4 small multifamily renters plan to move out of their current units by June 2023, and why an additional 1 in 3 are considering doing so:
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Affordability: 28% of small multifamily residents are considering moving to a more affordable rental in the next year—less than other renters due to these properties’ relative affordability.
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1 IN 4 SMALL MULTIFAMILY RENTERS PLAN TO MOVE OUT OF THEIR CURRENT UNITS BY JUNE 2023!
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