Lake Cabin Rentals and Cabin Rental Centers in Michigan

Michigan is the largest and most populous state in the union.

It has about 7.2 million residents, and its population has grown by an average of 9.3% over the last decade.

That growth is expected to continue in coming years.

But as of December 31, 2016, there were just 13 cabin rentals and rental sites in Michigan, according to a report by the Center for Affordable Living.

That’s down from more than 160 in 2016, but still a significant number. 

Michigan has one of the lowest vacancy rates in the country, at 5.2%.

And it’s not just the state that’s struggling to keep up.

In fact, the rate is so low that in 2016 the U.S. Census Bureau put Michigan’s population at just over 6 million.

That was a slight increase from the 6.1 million that it had in 2016.

But the state is struggling with housing affordability, and as of November, 2016 it was one of just nine states that had a vacancy rate above 3%. 

The problem for the average Michigan homeowner is that a lot of these options are available in limited supply.

A survey by the National Association of Realtors found that nearly half of Michigan’s housing units were not fully accessible to new renters.

The median price for a rental unit was $937 per month.

That compares to an average in California of $1,063 per month, or $1.65 per square foot.

And the median rent in Michigan was $1 per square feet.

In 2016, the median income for a homeowner was just $59,000.

That means that for every $100,000 of income a homeowner had in the previous year, the average income was $3,800 less. 

A shortage of available housing options can also hurt local economies. 

“As the number of new housing units becomes more concentrated in urban areas, it’s also becoming more difficult for local governments to keep pace with the growth of population,” The Center for Housing Innovation said. 

In fact, according the National Real Estate Association, there was a $6.6 billion loss in the housing market between 2012 and 2016. 

That is the same year that the national housing bubble burst.

In 2014, the national median household income for single adults was $54,928.

By 2016, that had dropped to $46,738. 

The National Association for Realtor said that it has seen an increase in foreclosures in recent years. 

One of the biggest challenges for homeowners is finding affordable housing in Michigan.

There are currently a whopping 13,000 vacant housing units in Michigan according to the Center on Housing.

That number is likely much higher. 

But the number one problem facing homeowners is that most of the housing they can find is located on the edge of a city, and often in areas where rents are high. 

If you’re in the market for a place to live and have a home worth at least $2 million, it may not be the best idea to move out of your home.

And even if you can get a place, there are a lot more options out there than you’d like. 

Check out our video below to learn how to find a home. 

Featured image credit: Shutterstock

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