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Why America Has Ditched Homeownership to Become a Renter Nation

I see a major shift in the real estate market as we become even more of a renter nation. Should we be buying homes or renting instead? Economic Uncertainty If there is one certainty about the economy right now, it is uncertainty. My generation saw what happened to their parents losing their houses during the big crash. They can also look up for themselves and see that many housing markets are pushing new highs. Affordability may be one driver, but so are jobs and lifestyle. The new American Dream may be financial freedom and the freedom to travel, not the white picket fence and a mortgage. Summary Owning a home does have benefits. A renter nation definitely benefits landlords and investors more than renters. Do you see more and more Americans becoming renters in the coming years?