While home ownership is well-rooted in American tradition, that may be changing, according to a recent study.
For a majority of people living in the U.S. today, renting is now a practical path to achieving the American Dream, according to a study from MacArthur Foundation and carried out by Hart Research Associates.The study found, as revealed in the foundation’s report How Housing Matters: Americans’ Attitudes Transformed By The Housing Crisis & Changing Lifestyles, some interesting statistics concerning American’s views (based upon telephone interviews of more than 1,400 Americans in addition to focus groups sessions held around the country) on renting vs. home ownership. Here’s the lowdown:
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