Why renting is growing more attractive than buying in the U.S.
For generations, owning a home has been a cornerstone of the American Dream. But rising home prices, borrowing costs, and home expenses have made buying a home increasingly difficult for many Americans. As a result, more Americans are embracing renting as an attractive long-term housing option, rather than simply an alternative to homeownership. A growing share of Americans today say their reason for renting is because it’s more convenient, less financially risky and cheaper than owning a home.
