One of the things the recent housing collapse has led to is slightly more of a rental culture in the Scottsdale market. The reasons being there are many people who had a distressed sale and are unable to get a mortgage for a few years. Many potential home sellers cannot bear to sell at 2011 prices remembering what their home used to be worth so renting it out until prices are buoyant again is their preferred option.
Many people think of renting or leasing a home as associated with the lower end of the housing market but actually many celebrities prefer to rent as it gives them more flexibility to move quickly. Especially in towns like New York and LA. Below are some of the fanciest properties for rent in Scottsdale.
5 Most Expensive Homes to Rent in Scottsdale
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