These "forever renters" vary widely in their reasons for not pursuing home ownership.
Others prefer the flexibility to move and freedom from ownership costs that renters enjoy.
Homeownership and renting have numerous pros and cons, making it hard to say whether forever renters are acting shrewdly or making a big mistake.
Renters avoid large down payments and the varying costs of homeownership, such as mortgage payments, taxes, maintenance, and repairs.
It's also cheaper to change the place you're renting than the place you're buying because of real-estate agent fees."
Persons:
—, Grant Wilson, Eunjee Kwon, David Brasington, Kautz, There's, Colin Lizieri, they've
Organizations:
Service, Business, University of Regina, University of Cincinnati, University of Cambridge
Locations:
Germany, Switzerland