

A guy with a reputation that rivals her own and an uncanny ability to invoke feelings in her she’s never had before. That’s what seventeen-year-old Sky realizes after she meets Dean Holder. Get CNBC's free report, 11 Ways to Tell if We're in a Recession, where Kelly Evans reviews the top indicators that a recession is coming or has already begun.“Sometimes discovering the truth can leave you more hopeless than believing the lies…

More commonly, over two-thirds say they'd take on a second job to make home ownership a reality.ĭON'T MISS: Want to be smarter and more successful with your money, work & life? Sign up for our new newsletter! On the flip side, many renters who want to own a home would go to extremes to buy one, the survey found: 31% of renters would sell their plasma and 29% would skip meals if it meant they could afford a home. That's far more than the target 30% of total income financial experts typically recommend putting toward housing. Rising housing costs are an issue in the rental market too, as nearly 1 in 4 renters say they currently spend 50% or more of their income on rent. High interest rates: 71% of respondents.Can't afford a down payment: 72% of respondents.

Can't afford one in general: 78% of respondents.

When renters selected reasons for not owning a home, the three most popular were related to cost: "Being debt-free, having a comfortable retirement and owning a car directly correlate to a higher quality of life and financial freedom." "With homeownership comes repair and maintenance, property taxes and homeowners insurance, all of which come with a price and reduce your freedom," says Michelle Gessner, a certified financial planner in Houston. Some respondents aren't interested in homebuying at all, with just over a third saying they would rather spend money elsewhere.
