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And former homeowners, like Jesus Felizzola, are seeing the advantages of renting. He is relieved to be renting a studio apartment in one of Washington, D.C.'s posh neighborhoods.
"This is what you get for $1,800 a month — a little box in Dupont Circle," Felizzola says. Still, he says he's happy to be renting even though his apartment is a far cry from the three-bedroom house he once owned in North Miami Beach.
After living in Florida for several years, he moved to the nation's capital to take his dream job as a medical researcher. But his experience with homeownership turned into a nightmare when he had to sell his home at a substantial loss...
Four Letters Ease Housing Fears For Some: Rent : NPR
"This is what you get for $1,800 a month — a little box in Dupont Circle," Felizzola says. Still, he says he's happy to be renting even though his apartment is a far cry from the three-bedroom house he once owned in North Miami Beach.
After living in Florida for several years, he moved to the nation's capital to take his dream job as a medical researcher. But his experience with homeownership turned into a nightmare when he had to sell his home at a substantial loss...
Four Letters Ease Housing Fears For Some: Rent : NPR