The market for lavish living is more significant in Texas. As mentioned by Chairman and CEO of Western Rim Property Services Marcus Hiles, upscale rental properties constructed in the Lone Star State are highest in number, paving the way for renters towards a lavish way of life. “Singles, families, empty nesters, and retirees seem to be satisfied by renting,” he says. “The annual growth in the number of renters across the U.S. is expected to be 500,000 through 2023.”

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