Since 2005, although homeowners’ expenditures for housing has risen, renters’ costs have risen even more, from 35.6 percent to 38.4 percent. This article also points out a few key factors that have contributed to this trend.
http://rismedia.com/2011-10-25/renters-outspend-owners-on-housing/
Even with the difficulties many Americans are facing in today’s economy, I find it interesting that the desire for home ownership has increased.
72% of renters surveyed said owning a home is a “top priority for their future”- up about 9% compared to 2010. I would love to hear your thoughts on how you view home ownership!
Have your views changed over the past 2-3 years?
