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The online home rental services market size is projected to increase by USD 28.01 billion at a CAGR of 14.72% between 2023 and 2028. The growth of the market depends on several factors, including high real estate prices that make homeownership unaffordable, growth in demand for rented homes, and reduction in housing space due to an increase in urban population density. The population growth in metropolitan cities, driven by economic activities like manufacturing, trade, and employment, has led to an increase in migration across countries worldwide. Consequently, the demand for rented homes has risen due to the influx of migrants into these cities. In 2022, the demand for rental apartments in and around US cities grew by 11% compared to the previous year. According to a survey conducted by Freddie Mac, a mortgage company, consumers now prefer renting to buying a house.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Rental Category
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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