Since 2008 and 2009, owning a home is about as in style as teased hair.
As foreclosures continue and people end up selling their home for less than what it was worth, renting has become the new way to live. Not owning a home takes away the investment risk that is inherent in home ownership.
If the housing market would continue to falter, you’re not out anything.
Because of the distaste towards home ownership, renting has taken off.
Rental rates continue to rise and the amount of highly sought after apartments or homes continue to fall but according to a recent survey, 57% of renters are missing an important piece of insurance: