Better to buy or rent your home?
Almost 80% of Americans think it is better to buy a house than rent one. In a Poll Position national scientific telephone survey we asked, do you think it makes more financial sense to rent a house or buy a house to live in? A large majority, 79%, said it makes more sense to buy a home, 12% opted for renting a home, 9% did not have an opinion.
Men and women had similar views on the question with 81% of men saying it made more sense to buy, 12% said renting made more financial sense, 7% did not offer an opinion. Among women, 76% said buying made more financial sense, 13% said renting a home was better, 11% had no opinion.
Renting a home was favored most by those in the 18-29 year old age group with 21% saying renting made more financial sense, 70% said buying a house to live in was better, 10% did not offer an opinion.
Along political lines, 83% of Republicans said buying a home makes more financial sense, 80% of Democrats agreed. However, among Independents, 72% thought buying a home made more financial sense, 16% said renting was smarter, 13% of Independents did not have an opinion.
Poll Position’s scientific telephone survey of 1,186 registered voters nationwide was conducted January 29, 2012 and has a margin of error of ±3%. Poll results are weighted to be a representative sampling of all American adults.
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The online companion poll in which you can vote provides unscientific results, meaning it’s a tally of participating Poll Position users, not a nationally representative sampling.
Poll Position is committed to transparency and upholding the highest professional standards in its polling, explaining why we provide you with the crosstabs of our scientific polls. Crosstabs provide a breakdown of survey participants by age, race, gender, and political affiliation. Here are the crosstabs for this poll: Poll Position Crosstabs-Rent or buy house
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