Wednesday, August 18, 2010

One-fourth of renters will never buy a home: survey

Reuters reports:
More than a quarter of Americans currently renting houses and apartments have no intention to ever buy a home, according to a survey published on Wednesday.

The survey, by real estate search site Trulia.com, found 27 percent of renters do not plan to ever buy a home.
According to options pricing models: not be long real estate is an implied put option.