The Townhouse Makes a Comeback

Why are townhomes, and townhome-style rentals (three bedroom apartment homes) doing so well lately? According to Cortland Chief Economist Brad Dillman, some of that demand is due to shifting millennial demographics, the majority of whom are over 30. “These are people who have been affected by the recession, these are people who have been affected by student debt, and for them, a townhome may be the best option to start a family.”