Rent, Don't Own, Say 76% of Consumers

Updated

The housing market has had a tough time these past few years (to put it mildly.) With home values dropping, foreclosures skyrocketing and people losing their jobs, owning a home is not only stressful because of the lack of return on the investment, but also trying to keep up with the payments has become a homeowner's nightmare

A new online survey shows an increase in consumers that think renting is better than owning right now. The National Apartment Association (NAA) commissioned an online study that found 76% thought renting was better, a five percent increase over 2008 responses.

As RentedSpaces recently reported, the renter lifestyle is clearly becoming more popular. And what this study supports is that this change might be around for a while.

Advertisement