Multifamily Units Ease Pressure on Greenville's Housing Market
Greenville is one of the fastest-growing communities in South Carolina. With a population that has increased by more than 60% since 2010, it's no wonder why developers and investors are looking for ways to provide housing options to meet the demand. Increasing the number of rental units helps maintain enough housing in Greenville for those who cannot afford to buy a home. Here is how multifamily units ease pressure on Greenville's housing market.
1. Lowers the Price of Housing
Renting an apartment is more affordable than purchasing a house. Greenville has one of the highest rental rates in South Carolina, according to RentRange. Although prices have been declining from their peak of…
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