Friday, October 4, 2019 / by Fona Abad
Majority Of Homeowners Say Owning Is Easier Than Renting
One of the reasons many people continue renting is because they believe it’s the easier option. But according to a recent survey, the vast majority of homeowners would disagree.
According to a recent survey from LendingTree, a whopping 67% of homeowners—more than two-thirds—say owning a home is easier than renting. And the best part? It seems as though the longer you own a home, the more likely it is you’ll find it easier than renting (72% of people who have spent seven to nine years in their homes say it’s easier than renting)—and the less likely you’ll ever want to go back to renting (only 7% of people who have owned their home for a decade or more said they wished they could return to renting).
If you’re renting a place because you think it’s the easier option, it might be time to look at the data and buy a home of your own—which, as it turns out, may be the easier option after all.