Homeownership losing its appeal?

Survey shows disconnect between renters, owners

The share of adults who think buying a home is a good financial decision has fallen for the third consecutive year, according to a yearly survey of the 25 most populated metropolitan statistical areas.

American Strategies and Myers Research & Strategic Services LLC conducted the 2010 Housing Opportunity Pulse Survey on behalf of the National Association of Realtors, interviewing 1,209 adults by telephone Sept. 12-17, 2010. A quarter were renters and 70 percent were homeowners.

Overall, 77 percent of respondents said they thought buying a home was a good financial decision in general; 16 percent said it was not a good decision; and 6 percent said they didn’t know.