BofA Report: 70% of Prospective Homebuyers Feel Renting Could be Detrimental to their Financial Future
ncarol.com/10261188

More boomers favor renting, with little interest in buying a home

CHARLOTTE, N.C., May 15, 2024 /PRNewswire/ -- Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they're not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term finances, according to a new Bank of America Homebuyer Insights Report (HBIR), conducted in partnership with Bank of America Institute.

More on ncarol.com

• Home2 Suites by Hilton Lee's Summit, MO Opens to Guests
• Shanghai Chengwei Semiconductor Equipment Launches High Precision Laboratory Central Gas Supply System
• Your Local Pro Expands National Service Network to 273+ Locations Across Plumbing, Cleaning, Landscaping and Hydrovac
• Acuvance Coker Study Finds Experience, Not Supply, Is the Biggest Advanced Practice Provider Workforce Challenge
• Uk Financial Moonshot Token™ Robinhood-chain Goes Live On Tokpie Exchange Tomorrow, With Solana Side Of UKFLMS To Follow In Global Listing Expansion

---

Show All News | Disclaimer | Report Violation