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54% of renters feel they will not be able to own a home

54% of renters feel they will not be able to own a home

Most renters feel that owning their own home is out of reach.

This is what a CNN poll says.

86 percent of renters surveyed said they would like to buy a home, but have no way to afford it.

Among them, 54 percent said they were sure they would never be able to pay it back.

The real estate market is facing an affordability crisis due to rising housing costs and high mortgage rates.

Looking at the survey results by age, younger Americans are more hopeful for improvement, particularly those under 45.

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