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Research Shows Rise in Long-Term Renting Across u.s.
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Renters have lived in their current homes for four years, on average,  according to a new study. The survey of 2,000 American renters found that 28% have even stayed planted for longer, residing in their rentals for seven years or more. And within that group, baby boomers (41%) and Gen X (28%) have remained in place the longest out of all generations.