{"id":2317,"date":"2018-05-16T10:00:12","date_gmt":"2018-05-16T10:00:12","guid":{"rendered":"https:\/\/thezakariagroup.com\/renters-under-50-want-to-buy-a-home\/"},"modified":"2018-05-16T10:00:12","modified_gmt":"2018-05-16T10:00:12","slug":"renters-under-50-want-to-buy-a-home","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/renters-under-50-want-to-buy-a-home\/","title":{"rendered":"Renters Under 50 Want to Buy a Home!"},"content":{"rendered":"
\n

\"Renters<\/p>\n

Every year, the New York Federal Reserve<\/em> publishes the results of their Survey of Consumer Expectations <\/em>(SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing.<\/span><\/p>\n

One of the many questions asked in the housing section of the survey was:<\/p>\n

Assuming you had the financial resources to do so, would you like to OWN instead of RENT your primary residence?<\/strong><\/h4>\n

Over three-quarters of respondents under the age of 50 said that they would prefer to own their home, rather than rent. While only 52.6% of those over 50 would prefer to own. The full breakdown can be found in the chart below.<\/p>\n

\"Renters<\/a><\/p>\n

When renters were asked what the average probability of owning a primary residence at some point in their future was, 66.4% of those under 50 believed that they would eventually own their home, while only 23% of those over 50 did.<\/p>\n

\"Renters<\/a><\/p>\n

Bottom Line<\/strong><\/h3>\n

Many had wondered if young Americans had lost their desire to own a home, but for those renting now, that dream is still alive.<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the survey was: Assuming you had the financial resources […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[98,99,102,109,111],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nRenters Under 50 Want to Buy a Home! - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/renters-under-50-want-to-buy-a-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renters Under 50 Want to Buy a Home! - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Every year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). 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