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A recent survey conducted by the National Association
of Realtors showed that a substantial majority of both
homeowners and current renters believe that owning a
home is a smart decision over the long term. The
American Attitudes About Homeownership survey of
3,793 adults found that even in today's challenging
economy, 95 percent of owners and 72 percent of renters believe that over a
period of several years, it makes more sense to own a home.
Other findings of the American Attitudes About Homeownership survey include:
• A large majority of homeowners are happy with their decision to own a
home. In fact, 93 percent of the owners surveyed would buy again.
• Homeowners are more satisfied with both the overall quality of their
family life and with their community life than renters are.
• Of the renters surveyed, 63 percent said that it was at least somewhat
likely that they would purchase a home at some point in the future, with
young adults 18 to 29 years old having the strongest aspirations for