Exclusive: More renters worry ownership beyond their reach

The big picture: Renting is cheaper than owning in many U.S. markets, but nearly 1 in 4 renters regularly struggles to make monthly payments, per Redfin.

• Out-of-reach home prices, difficulty saving for a down payment and high mortgage payments and interest rates are among the top reasons renters say they won't become homeowners anytime soon.

The intrigue: More renters want a slice of the American Dream. Roughly 14% of renters never wish to own a home, down from nearly 19% in Q2 2023, according to Redfin's study.