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>88% of Americans would rather own a home than rent. Specifically, 76% of renters would rather own a home, but only 2% of homeowners would rather rent. https:/
by skyyler 3y ago
>88% of Americans would rather own a home than rent. Specifically, 76% of renters would rather own a home, but only 2% of homeowners would rather rent.
https://www.lendingtree.com/home/mortgage/homeownership-renting-survey/ https://www.lendingtree.com/home/mortgage/homeownership-rent...
- bombcar 3y agoI suppose most homeowners that want to rent sell and become renters, so we can deduce that 20-24% of renters actually want to rent, and some percentage of the remainder might go back to renting if they had a bad ownership experience. Though some percentage of those renters are in highly favorable situations, like rent-controlled units that would be insanely more expensive on the open market.
- skyyler 3y ago>I suppose most homeowners that want to rent sell and become renters I see, so maybe selling isn't that big of a hassle then? People keep bringing it up as evidence that people would rather rent, but that really doesn't seem to be the case.
- bombcar 3y agoSelling is a huge hassle, but it's not something that prevents you from doing something the way not having money prevents you from buying.
- skyyler 3y agoVery interesting! So people that want to own are often reduced to renting, yet people that want to rent can easily sell to do so? How fascinating.