More than half of American renters who want to buy a home fear they’ll never afford one | CNN Business

New York CNN  — 

The dream of homeownership feels out of reach for many American families.

The vast majority (86%) of current renters in the United States say they would like to buy a home — but can’t afford one, according to a CNN poll conducted by SSRS released Monday.

Among those same renters who can’t afford to buy a home right now, 54% think it’s unlikely they’ll ever be able to, the poll found.

The findings underscore the damage done by the one-two punch of surging home prices and elevated mortgage rates, creating an affordability

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