Reasons for Millennials to choose renting over buying a home U.S. 2020-2021
In 2022, three in four Millennials who had given up on homeownership said that they will most probably always rent because they think they cannot afford to buy a home. Approximately one third of Millennials did not plan to become a homeowner because of the flexibility associated with renting. In the past years the share of Millennials that expect to always rent has been increasing.
