Survey: Renting Preferable to Owning in Current Market

5.27.2010

Not surprisingly, renting is preferable to those who saw home equity eviscerated over the past 4 years:

MHN Survey

The survey also found that both renters and homeowners are not eager to make any changes in their housing status within the next year; 60 percent of renters plan to continue renting their current or new residences within the next year, while 71 percent of homeowners plan to stay in their current home over the next year.

MHN News