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Promo Image: Living Right: Renting vs Buying

Living Right: Renting vs Buying

A survey by the National Association of Realtors shows 80 percent of consumers believe buying a home is a good financial decision.

Still, renters account for 37 percent of all households.

So, should you rent or buy?

Katie Boomgaard has more in today’s Living Right.

One recent trend is to buy a home with family members or friends.

It’s a way to pool your resources so you can afford home ownership, but experts say getting out of joint ownership is a lot tougher than getting into them.