7 Reasons Renters Aren’t Becoming Owners

What is driving the sluggish transition from renting to home ownership? About two-thirds of renters surveyed say they thought it would be somewhat or very difficult for them to get a mortgage,while only about 5 percent thought it would be easy. Renters surveryed say that in the next year,they expect home prices in their ZIP code to rise by 5.4 percent.

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