For many, the all-American dream of homeownership has shifted to a desire to share experiences.

How Homeowners are Trading Mortgages for Long-Term Travel Experiences

There's a trend happening in the home buying and travel industries. More and more homeowners are trading their traditional mortgages for travel. For many, the all-American dream of homeownership has shifted to a desire to share experiences. Millennials, as well as baby boomers and empty nesters, are being drawn to travel.

Related: Top Tips for Marketing Your Monthly Rental

Experiences vs. Materials

Amassing a houseful of belongings over the span of decades no longer appeals to many in these generations. However, the draw of seeing new places and immersing themselves into new cultures is now emerging.

Managing long-term travel is easy with the option of month-to-month rentals. Travelers aren't contracted to a lease agreement, allowing them the freedom to experience a new destination every month or 2-3 month period or whatever fits their schedule. As soon as they've explored every nook a city offers, it's easy to pick a new destination and move on, adding more experiences to the memory bank.

In addition, monthly vacation rentals generally come furnished and offer fully equipped kitchens. All a renter needs to bring is their suitcase and groceries. When compared to traditional short-term rentals, monthly rentals often offer more privacy for travelers who desire their own spaces, as opposed to shared living spaces. Renting directly through a vacation rental property owner from MonthlyRentalsByOwner.com can also reassurance and peace of mind. See monthly rentals available right now to visit Florida, Texas, Alabama, Georgia and more!

If you're considering long-term travel, browse our latest month-to-month rentals and our blogs including Three Reasons to Utilize Monthly Home Rentals.