Have You Given Up on Homeownership? It Could Change How You Spend and Save

Key Takeaways Renters who stop believing that they'll ever be able to own a home end up spending more and working less, while those who are planning to buy exhibit better financial discipline, a new study showed. An individual's outlook on homeownership can also affect investment strategies, with some renters making riskier investment decisions in order to try to gain wealth. The cumulative effect of these financial habits can lead to negative long-term consequences. What happens when an individua ...