According to a recent survey from Bankrate.com many Americans say they arren’t ready to buy a home – even though rents are steadily rising across the country. The results show that 35% simply don’t want to buy a house, with 29% saying they cannot afford a down-payment.
Interestingly:
Among all ages, 35% of non-homeowners don’t want a house yet. That’s the reason given by 44% of millennials (ages 18-29), 28% of non-owners ages 30 to 49, 29% of those ages 50 to 64, and 30% of those 65 and older.
Click here to read the full story on Bankrate.com