- Across all education levels, Americans say owning makes more sense than renting. This belief is held consistently across all demographic groups.
- Nearly two-thirds of current renters say that they will buy a house at some point in the future.
- Non-financial factors such as safety and quality of local schools continue to be the top reasons for buying a home across all income groups.
- African-Americans and Hispanics are more likely to cite various benefits, such as buying a home as a way to build wealth, homeownership as a symbol of success, and civic benefits.
Quarterly National Housing Survey Shows That Americans Of All Backgrounds Continue To Have Strong Aspirations To Own A Home
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