Many Boomers are moving in the direction of renting just to "give themselves a break," according to Amber Noble Garland with Keller Williams Realty West Monmouth.
It's a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are thriving while renters are struggling.
In the American imagination, suburbs are places to buy a house and put down roots. But a growing percentage of suburbanites rent, according to a new study.
With demand for housing so strong, New Jersey has some of the most expensive rents in the country right now, but experts predict they will soon go even higher.