>>> more and more people may be opting away from home ownership I don't think people are opting away from home ownership but rather forced away from home owner

>>> more and more people may be opting away from home ownership I don't think people are opting away from home ownership but rather forced away from home ownership due to high down payment requirement and lack of enough jobs that allow someone to save enough. Who has $100,000 in cash to put down 10% downpayment? It is a vicious cycle. Less people are able to afford downpayment. So more people are crowding into rental market. But affordable rental supply is decreasing as more rental units are converted into condo/house AND more people are forced into rentals. It is really a vicious, destructive downward spiral.