A: With the acceleration of urbanization, more and more young people choose to work and live in cities. Housing has become an important issue for these young people. In recent years, a new way of housing choice has emerged, that is, lifelong renting. So, why do young people like to rent for life? Here are a few possible reasons:

Flexibility and convenience

Compared with buying a house, renting a house for life is more flexible. Renting a house can choose different houses and lots according to individual needs and budgets, and at the same time, you can change your house at any time to adapt to changes in your career and life. In addition, renting a house does not need to bear the high down payment and loan pressure of buying a house, which reduces the economic burden.

consumption upgrade

young people have higher and higher requirements for living environment and quality of life. Life-long rental houses are generally newly built or renovated apartments with high-quality hardware facilities and supporting services. At the same time, renting a house can also enjoy various supporting facilities and services, such as gym, swimming pool, 24-hour security and butler service, which improves the living experience and quality of life.

responsibility and pressure

buying a house needs to bear a lot of economic and time costs, and once you buy a house, you have to bear the responsibility of maintaining and managing the house. For young people, they may not have fully adapted to living independently and managing their houses. Renting a house does not need to bear these responsibilities and pressures, so it can focus more on work and life and reduce mental stress.

Non-real estate investment

Renting for life can release more funds for other investments, such as stocks and funds. In addition, it can also reduce the risk of real estate bubble to personal assets, thus reducing financial risks.

Urban Drifting

With the acceleration of urbanization, more and more young people move and transfer frequently between cities. Renting a house can meet the housing needs of drifters in these cities, which is more flexible and convenient.

Generally speaking, life-long rental has many advantages for young people, including flexibility and convenience, consumption upgrading and reduced responsibility.