Phoenix’s luxury rental market is booming as wealthy residents, many new to the area, choose flexible, service-rich living over homeownership. Developments like The Bergen redefine upscale leasing with concierge services, community spaces, and high design, reflecting a new era where convenience and lifestyle outweigh the traditional status of owning a home.
Source: https://azbigmedia.com/real-estate/why-luxury-rentals-are-winning-big-in-phoenix/