America's Most Competitive Renters: Why Many Are Choosing to Rent

Posted from: http://www.zillow.com/blog/most-competitive-renters-206166/

For decades, satisfying the American Dream meant homeownership. Many expected to graduate from school, get hitched, have babies and purchase a house. Bam. Dream fulfilled.

But for some millennials who came of age right around the time of the Great Recession, their vision of success has changed.

Over the last several years, nearly all new household formations have been renters. In fact, nearly 40 percent of the population are renters – <a href="http://www.zillow.com/research/ho…

Posted from: http://www.zillow.com/blog/most-competitive-renters-206166/

For decades, satisfying the American Dream meant homeownership. Many expected to graduate from school, get hitched, have babies and purchase a house. Bam. Dream fulfilled.

But for some millennials who came of age right around the time of the Great Recession, their vision of success has changed.

Over the last several years, nearly all new household formations have been renters. In fact, nearly 40 percent of the population are renters – <a href="http://www.zillow.com/research/ho…

Leave a Reply

Your email address will not be published. Required fields are marked *