Charlotte Stories is reporting that America’s high-income earners seem to be getting a real taste for renting, according to RentCafe’s newest study. Renters with an annual income of more than $150,000 nearly doubled in five years, reaching a total of 2.6 million. Among them, an unlikely new kind of renter is gaining ground: the millionaire. In Charlotte, the number of rich renter households sky-rocked by 87 percent between 2015 and 2020. Consequently, the city reached a high of 9,492 well-off renter households in 2020.
