Pursuits

Boomers Competing With Millennials for U.S. Urban Rental Housing

Mike Abelson at his apartment in Bethesda, Maryland. Photographer: Drew Angerer/Bloomberg

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Mike Abelson calls it his “man cave.”

After his wife passed away, the 65-year-old sold his house and began renting a 1,400-square foot apartment eight miles away in Bethesda, Maryland. The trial attorney now uses his downtime to enjoy warm summer evenings on his terrace.