More renters are staying in their homes longer than they did a decade ago, especially if they are baby boomers. Some 33.6% of U.S. renters have lived in the same home for at least five years, according to a new report from Redfin using 2023 data.
That statistic included the 17% of renters who had lived in the same property for five to nine years, compared to 14.4% in 2013, as well as the 16.6% who stayed put for 10 years or more, up from 13.9% a decade earlier.
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