Report: Local ‘lifestyle renters’ could feel more of a squeeze

For both those who rent by choice and by necessity in Sacramento, year-over-year rental increases were the same in March: 4.5%.

But while that figure was the eighth-highest nationally for by-necessity renters, it was third-highest for those who rent by choice, or what research firm Yardi Matrix calls the “lifestyle” renter class.

With most of the new supply in Sacramento aimed at the latter, and overall new supply less than 1% of the overall supply in March, lifestyle renters may be feeling…

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