Sule Aygoren Carranzais managing editor ofReal Estate Forum and editor of MultiHousing forum, from which this article is excerpted.
Arlington, VA—In what may signal a shift in sentiment,more than half of a group of homeowners nationwide believe thereare benefits to renting an apartment versus owning a home. In asurvey conducted by Harris Interactive and commissioned bythe National Apartment Association, 65% of 2,118 homeownerspolled see renting more favorably than they did before.
Renters do not face the risks of foreclosure, an unpredictablereal estate market or fluctuating interest rates, as many as 25% ofrespondents say. More respondents (62%) were concerned about a lackof privacy with renting than the fact that renters cannot buildequity in their homes (54%).
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