Home, sweet leased home: Millennials lead the charge into new style of home

The Avilla Grace community in Chandler comprises luxury leased homes the developer designed for millennials and other people who don't like apartments or a mortgage./ Special to the Tribune
The Avilla Grace community in Chandler comprises luxury leased homes the developer designed for millennials and other people who don’t like apartments or a mortgage./ Special to the Tribune

By David Brown, East Valley Tribune

Adaire Ridenour, a millennial, loves her detached leased home for the privacy it offers.

In the same community, Avilla Grace in Chandler, baby boomer Angela Weber, like many potential homeowners, doesn’t want to buy—at least for now.

“I chose a rental home because I am new to the area and did not want to make an ownership commitment until I better understand Phoenix,” she said.

Continued:

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