BofA Report: 70% of Prospective Homebuyers Feel Renting Could Be Detrimental to Their Financial Future
May 16, 2024
May 16, 2024
CHARLOTTE, North Carolina, May 16 (TNSres) -- Bank of America, a financial institution, issued the following news release on May 15, 2024:
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) (PDF), conducted in partnership with . . .
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) (PDF), conducted in partnership with . . .