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According to a new article from National Professional Mortgage Magazine, a sizeable majority of Americans believe that renting is a cheaper alternative to buying a home.
In a poll commissioned by Freddy Mac, two-thirds of Americans say they continue to rent because of financial reasons.
73 percent of Baby Boomers and 74 percent of Millennials identified renting as being a more affordable choice; and most of them are relatively content to continue renting.
Of course, the lack of affordable houses on the market right now might have something to do with these attitudes.
For the full article, click HERE:
Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.