A Wharton professor’s study found that renters may be happier than homeowners, and here’s the kicker: The research is based on data collected before the market soured.
From the professor’s summary: "Overall, I found little evidence that homeowners are happier by any of the following definitions: life satisfaction, overall mood, overall feeling, general moment-to-moment emotions, and affect at home. The average homeowner, however, consistently derives more pain (but no more joy) from a house and home."
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