High-earning Americans are more likely to rent than in the past as the cost of ownership rises and the supply of homes is limited

Three Million U.S. Households Making Over $150,000 Are Still Renters

High cost of homeownership and a tight housing market drive demand for rental properties

By Will Parker

Jim-Knight

About Jim Knight

Jim Knight has spent time at many of the Southeast’s most revered real estate development companies. For more than two decades, he has been a fixture in the region, creating beautiful communities and turning record-breaking profits.