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Benzinga
Benzinga
Business
Dalton Brewster

Rents In These 3 U.S Multi-Family Rental Markets Increased By 27% Since Last Year — Here's Why

One of the biggest changes since the pandemic has been the record growth seen in several U.S. real estate markets. Many of these regions are in the sunbelt, which is defined as the American South and Southwest.

More Americans have moved to this region because of the rise in remote work. With remote work, employees can work in any state and save significant amounts of money on the cost of living and taxes. For example, Florida is a tax-free state while California and New York have the highest tax rates in the nation.

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