10 Reasons Renting Makes Sense

For decades, it was drilled into the minds of many Americans that renting makes you a second-class citizen. You only rent until you can move up in the world and achieve the American dream by purchasing a home -- but those days may be behind us.

About three in five adults believe renters can be just as successful as homeowners at achieving the American Dream, and more than half believe buying a home has become less appealing in recent years, according to a 2013 survey of more than 1,400 people by research firm Hart Research Associates. 

While owning a home may be an aspiration for many Americans, it's often just less expensive and more convenient to be a renter.