If you want to look like a like a successful adult, you’d better own a home.
Or at least that’s what 70% of adults told Wells Fargo. The financial services company surveyed 1,004 adults ages 21 and older in 2019 and found homeownership far outpaced life events like marriage and having children when it comes to signaling whether someone is a success.
However, all those people might have it wrong. Renting could be your ticket to more free time, flexibility and even wealth – all arguably markers of a successful life. Here are 10 reasons why you should forget what the crowd says and consider renting your home instead of buying it.