1, 2, 3 bedroom renter turnover
Hi BP folks.
Does anyone have experience to compare the amount of time renters remain in their 1, 2, 3 BR apts.?
Are 1 BR renters more transient or prone to leaving and not renewing their lease? Do 2 and 3 BR renters stick around longer?
Although I am guessing it varies by region/type of tenant/ quality of property-have you found that there is a difference based on socioeconomics/neighborhood?
I would love to hear any feedback.