Why the ‘Rich’ Are Suddenly Renting Instead of Buying in these 5 Cities
Yahoo Finance·2026-03-20 17:55
Some irch people are opting to rent instead of buying homes, and it’s especially prevalent in expensive cities. Redfin data compiled by Fox News positioned San Jose, Orlando, San Francisco, New York, and Seattle as the five cities that have the most “rich renters.” Find Out: I’m a Real Estate Investor — These Are the Worst Cities To Buy Property Right Now Trending Now: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too This trend is gaining momentum as housing prices go up, ...