Tag Archives: Study: Desire for Home Ownership Unswayed

Plenty of people say they prefer home ownership over renting, according to a newly released Fannie Mae national housing survey of more than 12,000 interviews from 2011. The study finds that the housing and financial crisis has not been a big factor in people’s decisions to rent or buy. “The nonfinancial benefits that people derive from the consumption of housing mitigate the negative financial experiences that many home owners have had,” says Steve Deggendorf, one of the authors of the study. Instead, “for a large number of people, emotions rule. […]