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College towns No. 1 in renter majorityCollege towns No. 1 in renter majorityhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=159292017-03-03T06:00:00Z2017-03-03T21:00:00Z

​​​​​​COLLEGE STATION-BRYAN – Data from the U.S. Census 2015 American Community survey shows out of 21 renter cities, Bryan-College Station is No. 1 with 59.1 percent of residents renting.

The survey seems logical because of Texas A&M University.​

"Texas quite honestly is a relatively low homeownership state the reason being demographics, the young people," said Dr. Jim Gaines, chief economist at the Real Estate Center at Texas A&M University.


Gaines saw the age range of 15- to 24-year-olds as a key group to look at.

On the national level, 9 percent are renters. Bryan-College Station renters are more than 32 percent.

KBTX
College Station-Bryan
Multifamily
http://www.kbtx.com/content/news/BryanCollege-Station--414680763.htmlSource: {Source}

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