The Myth of the 'Forever Home' in the US Housing Market: Factors Influencing Renters' Decision to Continue Renting Instead of Buying Homes on Nostr: Only 40% of Renters Believe They Can Afford to Buy a Home, Survey Finds ...
Only 40% of Renters Believe They Can Afford to Buy a Home, Survey Finds
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#b15ff15f ver:0.14
Only 40% of U.S. renters believe they can afford to buy a home, the lowest number in a decade, due to high real estate prices and mortgage rates. In the northeast, only 26% think they can afford it. Rising costs, limited inventory, and increasing mortgage rates make it difficult for renters to transition to homeownership. The 'lock-in effect' and shortage of available homes also contribute to the housing crisis. #Renters #Homeownership #HousingCrisis...
#newstr #Renters #Homeownership #Survey #RealEstate #MortgageRates
https://here.news/story/b15ff15f?ver=0.14
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#b15ff15f ver:0.14
Only 40% of U.S. renters believe they can afford to buy a home, the lowest number in a decade, due to high real estate prices and mortgage rates. In the northeast, only 26% think they can afford it. Rising costs, limited inventory, and increasing mortgage rates make it difficult for renters to transition to homeownership. The 'lock-in effect' and shortage of available homes also contribute to the housing crisis. #Renters #Homeownership #HousingCrisis...
#newstr #Renters #Homeownership #Survey #RealEstate #MortgageRates
https://here.news/story/b15ff15f?ver=0.14