Survey: 67% of Renters Cite Lack of Assets as Hurdle to Homeownership via DSNews.com

A little more than half of American renters believe owning a home is a more sensible choice than living in rental housing, according to a research study from Fannie Mae’s Economic & Strategic Research Group.

To better gauge the future of homeownership and the current shift toward renting, Fannie Mae’s National Housing Survey took a look at renter attitudes and preferences in Q3 2012 to get an idea of their aspirations and expectations.

According to the findings, the majority of respondents believe renting has its advantages in terms of current finances and stress. When asked which situation would be better for their budget, 57 percent of renters surveyed chose “renting” over “owning,”

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