Economic conditions may be driving more Americans to choose tenancy over the American dream of home ownership. Owning one’s home was at one time an ideal, when renters realized that for the same money, they could own a home. Real estate was thought of as a guaranteed investment. This perception has changed in terms of it not being a safe bet anymore. The theory that buying a home is cheaper than renting is being turned upside down. In some cities it is actually is cheaper to rent.
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