The trend of 'forever renters' is on the rise, with more people opting to rent properties for their entire lives rather than owning. This shift is leading to an increased demand for luxury rentals, especially in the vacation rental sector. As a result, property managers are in high demand to vet renters, collect rents, and maintain properties.
According to the US Bureau of Labor Statistics, property-management jobs are expected to grow faster than the average rate for all vocations through 2032. Breaking into property management, particularly in short-term vacation rentals and residential properties, can be a lucrative career path.
