Apartments are no longer the housing of last resort. As American lifestyles have gotten busier, young professionals and empty nesters who could afford to buy are choosing to rent instead. They want the conveniences, amenities, shorter commutes and financial freedom that renting provides. Yet, for some reason, policy makers keep trying to push them into homeownership. This seems irresponsible; especially when research shows that half of all owners could have saved money by renting comparable housing.
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