In Tough Housing Market, Renters Renovate Like They Own the Place

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Renters are swapping out doorknobs and putting up temporary wallpaper as they stay put longer. “It makes no financial sense.”

Many Americans unable to buy a home right now are renovating their rentals instead.

Resigned to stay in place until the housing market improves and unwilling to live with dull décor, renters are swapping out fixtures, landscaping terraces and ordering custom furnishings. Online furniture retailer Wayfair Inc. said bookings for easily reversible add-on services like installing new doorknobs and drawer pulls have tripled since last year.

 

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I'd pay to make a bland rented property a more comfortable and homely place to live. Comfort is worth more than money to me.

Also millennials don't want the problems of up keeping a home

Peel and stick wallpaper, wtf, his says soooo much about these people

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I saw someone put over $20k into renovations 10 years ago, then was out when the landlord decided to move in.

ahahahahaha what

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Better check the terms of your lease before you do that…

You know rent costs money, right? Rent had one of the highest realizations of inflation. Not sure it makes sense to stay renting in your current place versus downsizing or finding a roommate.

For the love of god do not promote this

It makes perfect sense

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