Reasons for Millennials to choose renting over buying a home U.S. 2020
In 2020, 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.
