Report after report suggests that Americans have become wary of homeownership and prefer the lack of commitment that often accompanies renting.
These reports leave readers with the distinct impression that the future of America is one where citizens embrace the nomad lifestyle, with uncertain urban dwellers moving from apartment-to-apartment with backpacks filled with Ramen noodles in tow. (Okay, so the economy did revive many of these fears).
But one group who should be rather wary of homeownership says this just isn't the case.
Read more...A nation of renters? Not so, delinquent borrowers say. | REwired