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Find out why renters are getting richer and richer

Posted by Written with love by the Livable Content Team on Mar 1, 2020 3:00:00 PM

 It used the be that the “American Dream” was synonymous with home ownership. But Millennials don’t seem to be putting the same emphasis on buying property as previous generations. In fact, the homeownership rate for those currently between the ages of 25 and 34 is 8 percentage points lower than Gen Xers and baby boomers when they were in the same age group, according to a report from the Urban Institute


Smart saver tip of the month

Insulating water pipes is a quick and inexpensive way to lower water-heating costs. The easy upgrade reduces heat loss and allows you to lower your buildings’ water temperature setting by two to four degrees. Plus, since water doesn’t take as long to heat up, less of this precious resource is wasted waiting for faucets and showers to get to the appropriate temperature.

On smaller buildings, this is a definite DIY job that should take less than a day to complete. Check out the U.S. Department of Energy’s website for a comprehensive shopping list and step-by-step instructions.