Every quarter the National Association of Realtors does a survey with a series of questions to home owners and renters. On a weekly basis I will be give updates on these reports. Here's the initial points covered in the report
According to the report, these are the statistics for those who believe home ownership is a good decision. Here's the details by categories:
76 % of those people strongly believe it’s a good decision
Older households more frequently view home ownership as a good financial decision.
By the Numbers: Home ownership is a good decision according to...
89 % of White/Caucasian households,
88 % of Black households
84 % of Asian households
82 % of Hispanic/Latino households believe ownership
By the Numbers: Those who believe home ownership is a good financial decision
By the Numbers: Those who believe home ownership is a good financial decision
according to College Education
89 % of those with some college education
85 % of those with no college education
87 % of U.S. households believe homeownership is part of their
American Dream.
72 % believe it strongly and 15 percent
moderately.
Believing home ownership is part of their American Dream
89 % of those 65 and over
87 % with at least some college education
Among U.S. households who believe home ownership is part of their American
Dream the most appealing aspects of home ownership were:
A place to raise a family—36%
Owning place of one’s own—26%
A nest egg for retirement—14%
Financial security now—13%
Being part of a community—8%
Settling down—4%
Source: NAR Home Survey December 2015