Ownership costs keep renters renting, says Apartments.com

05 Feb 2013

In a nationwide survey of  more than 1300 current renters, a number of interesting statistics surfaced. Apartments.com found that more than 98 percent of those seeking new rental homes rely first on the opinion of others – 53.3 percent through online review sites, and another 45 percent by way of their friends’ opinions. (Apartments.com debuted its


Jim Townsend

Jim Townsend, editorial director and a principal of the AIM Group, is a career journalist, consultant and interactive media pioneer with more than 35 years of experience in news management. Townsend joined the AIM Group in 2001 as an analyst and consultant and became a part-owner in 2003. He is based in Houston. He leads a global team of analysts who report media industry trends in North and South America, Europe, India, Asia, Australia and other countries in the Pacific Rim.