Renter households have been on the rise and home-ownership has fallen among young people since the housing crisis. A new study from Fannie Mae’s National Housing Survey states that younger renters would rather own a home than rent for both financial and personal lifestyle reasons. The reason many younger people are renting is not by choice, according to the data. Potential first-time home-buyers have to deal with extremely high credit standards that in many cases can not be met. More here
