Industry NewsMarkets & Economy

Survey: More say renting trumps owning

Only 12% of renters plan to buy a home this year
Published on May 25, 2010

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by CareyBot

A recent survey by Harris Interactive for the National Apartment Association found the vast majority (76 percent) of consumers -- both homeowners and renters -- think renting is better than owning a home in the current market, a 5 percentage point increase from 2008.

Most, 64 percent, cited lack of responsibility for repairs and maintenace as the primary advantage of renting, a jump from 57

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