>88% of Americans would rather own a home than rent. Specifically, 76% of renters would rather own a home, but only 2% of homeowners would rather rent.
That’s a completely dumb statistic since it doesn’t talk about the cost. Of course someone would rather have something rather than nothing, if the something cost nothing. In reality, if the “something” cost $1 Million and only saved you $2500/mo, is it actually preferred?