Rent vs. Own

Rent. vs. own

Homeownership is often lumped into the “American dream” but not everyone’s buying in.

Here’s some quick stats that break down the trend.

 

105 million: Number of Americans who rent their homes.

20 years ago: The last time the renter population was this high.

43 percent: Number of Raleigh renters planning to eventually purchase a home
or apartment, compared to 60 percent nationwide.

Source: Apartment List’s 2015 Apartment Renter Satisfaction Survey with responses from more than 18,000 renters nationwide.

About Christa Gala 66 Articles
Christa Gala worked for 16 years as a newspaper columnist and freelance writer across digital and print platforms before joining Raleigh Magazine. Gala is in her fifth semester teaching Writing and Reporting at UNC-Chapel Hill’s renowned School of Media and Journalism.