Millennials Embrace the Advantages of Renting


By Sandie Angulo Chen

With Millennials facing an unemployment rate of more than 8 percent and $1 trillion in student loan debt, they're increasingly renting instead of buying homes. In fact, the true homeownership rate for 18-34 year olds has fallen to a new low: 13.2 percent. But finances aren't the only reason for the dip in homeownership. As seen below, Millennials are recognizing the many benefits of renting -- including reasons that have nothing to do with money.

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Millennials -- what are other reasons you love renting? Tell us!

Sandie Angulo Chen is a movie critic, entertainment reporter, book lover, mother to three budding cinephiles, and a paid expert on what movies will give kids nightmares and what books teens will love.