{"id":794791,"date":"2024-12-13T08:03:13","date_gmt":"2024-12-13T13:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/"},"modified":"2024-12-13T08:03:13","modified_gmt":"2024-12-13T13:03:13","slug":"renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/","title":{"rendered":"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood<\/b><\/p>\n<p class=\"bwalignc\"><i>47% of renters feel a sense of belonging in their neighborhood, compared with 64% of homeowners, according to a new Redfin survey<\/i><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\n(NASDAQ: RDFN) \u2014 Less than half (46.7%) of U.S. renters feel a sense of belonging in their neighborhood, compared with almost two-thirds (63.6%) of homeowners, according to a new <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Frenters-versus-homeowners-neighbor-relationships&amp;esheet=54166342&amp;newsitemid=20241213118981&amp;lan=en-US&amp;anchor=survey&amp;index=1&amp;md5=46840a346c72fff892072b5173c5eefc\">survey<\/a> from Redfin (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=54166342&amp;newsitemid=20241213118981&amp;lan=en-US&amp;anchor=redfin.com&amp;index=2&amp;md5=a1166e5e00271e5f4fd40ec349c60463\">redfin.com<\/a>), the technology-powered real estate brokerage.<\/p>\n<p>\nJust 38.9% of renters feel they have things in common with their neighbors, compared with 58.5% of homeowners. And renters are more likely to avoid neighbors; 41.6% try to avoid interacting with their neighbors, versus 33.1% of homeowners.<\/p>\n<p>\n\u201cWhen someone buys a home, they\u2019re making an investment in a property and a neighborhood, which means they\u2019ll probably see their neighbors for years to come. Many homeowners seek out positive relationships with their neighbors as a result,\u201d said Redfin Chief Economist Daryl Fairweather. \u201cRenters, on the other hand, tend to stay in their homes for a shorter amount of time, which means they\u2019re often less inclined to get to know the neighbors.\u201d<\/p>\n<p>\nHomeowners are often putting down roots, thinking about things like where they want their kids to grow up. Renters tend to be more transient, meaning they may put less energy into finding somewhere they \u201cbelong\u201d because they won\u2019t be there for long. Less than half (47.6%) of respondents who have lived in their current home for under a year feel a sense of belonging in their neighborhood, compared with 58.1% of respondents who have lived in their home for 6-10 years (these figures include both homeowners and renters).<\/p>\n<p>\nIt\u2019s worth noting that many respondents indicated that they do not feel a sense of belonging in their neighborhood: 21.2% of renters and 12.5% of homeowners. That could be a reflection of increasing political, economic and social division across the country.<\/p>\n<p><b>Young Homeowners Are Most Likely to Say They Feel a Sense of Belonging In Their Neighborhood<\/b><\/p>\n<p>\nOver two-thirds (67.6%) of millennial\/Gen Z homeowners feel a sense of belonging in their neighborhood, making them the group most likely to feel they belong. Millennial\/Gen Z renters were least likely to feel a sense of belonging, at 44.4%.<\/p>\n<p>\nMillennial\/Gen Z homeowners were also the group most likely to say they have things in common with their neighbors, with nearly two-thirds (63.7%) reporting they feel this way. Gen X renters were the group least likely to say they have things in common with their neighbors, at 36%.<\/p>\n<p>\n\u201cYoung homeowners probably feel more connected to their communities because they recently chose to live there, whereas older homeowners may be unhappy with how the neighborhood has changed since they first bought decades ago,\u201d Fairweather said.<\/p>\n<p>\nMillennial\/Gen Z renters were most likely to say they try to avoid interacting with their neighbors (45.7%), while baby boomer homeowners were least likely (24.8%).<\/p>\n<p>\nThis is according to a Redfin-commissioned survey conducted by Ipsos in September 2024. The survey was fielded to 894 U.S. renters and 805 U.S. homeowners aged 18-65.<\/p>\n<p>\nTo view the full report, including charts, full survey results, and additional methodology, please visit:<br \/>\n<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Frenters-versus-homeowners-neighbor-relationships&amp;esheet=54166342&amp;newsitemid=20241213118981&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.redfin.com%2Fnews%2Frenters-versus-homeowners-neighbor-relationships&amp;index=3&amp;md5=c4098f2ccf6f40f375de3e59d6519ae4\">https:\/\/www.redfin.com\/news\/renters-versus-homeowners-neighbor-relationships<\/a><\/p>\n<p><b>About Redfin<\/b><\/p>\n<p>\nRedfin (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=54166342&amp;newsitemid=20241213118981&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=4&amp;md5=8139bc876c7b45a4ec30a6c0f02a9663\">www.redfin.com<\/a>) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country&#8217;s #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we&#8217;ve saved customers more than $1.6 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.<\/p>\n<p>\nRedfin\u2019s subsidiaries and affiliated brands include: Bay Equity Home Loans\u00ae, Rent.\u2122, Apartment Guide\u00ae, Title Forward\u00ae and WalkScore\u00ae.<\/p>\n<p>\nFor more information or to contact a local Redfin real estate agent, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2F&amp;esheet=54166342&amp;newsitemid=20241213118981&amp;lan=en-US&amp;anchor=www.redfin.com&amp;index=5&amp;md5=7e75288c0a5f7a3c9e15efce4b7c2f03\">www.redfin.com<\/a>. To learn about housing market trends and download data, visit the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fdata-center%2F&amp;esheet=54166342&amp;newsitemid=20241213118981&amp;lan=en-US&amp;anchor=Redfin+Data+Center&amp;index=6&amp;md5=e7016953e16ea1efbfed9e3a60e11f20\">Redfin Data Center<\/a>. To be added to Redfin&#8217;s press release distribution list, email <a rel=\"nofollow\" href=\"mailto:press@redfin.com\">press@redfin.com<\/a>. To view Redfin&#8217;s press center, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpress.redfin.com%2Fphoenix.zhtml%3Fc%3D252734%26p%3Dirol-overview&amp;esheet=54166342&amp;newsitemid=20241213118981&amp;lan=en-US&amp;anchor=click+here&amp;index=7&amp;md5=cdadf7e7f4930fedbb1f099abe8a61b3\">click here<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241213118981r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241213118981\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241213118981\/en\/<\/a><\/span><\/p>\n<p>\nContact Redfin<br \/>\n<br \/>Redfin Journalist Services:<br \/>\n<br \/>Ally Forsell, 206-588-6863<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@redfin.com\">press@redfin.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Washington United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Generation X Retail Millennials Consumer Baby Boomers Residential Building &amp; Real Estate Online Retail Electronic Commerce Commercial Building &amp; Real Estate Construction &amp; Property Internet Urban Planning Generation Z<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241213118981\/en\/1407505\/3\/Redfin_Standard_Web_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood 47% of renters feel a sense of belonging in their neighborhood, compared with 64% of homeowners, according to a new Redfin survey SEATTLE&#8211;(BUSINESS WIRE)&#8211; (NASDAQ: RDFN) \u2014 Less than half (46.7%) of U.S. renters feel a sense of belonging in their neighborhood, compared with almost two-thirds (63.6%) of homeowners, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Just 38.9% of renters feel they have things in common with their neighbors, compared with 58.5% of homeowners. And renters are more likely to avoid neighbors; 41.6% try to avoid interacting with their neighbors, versus 33.1% of homeowners. \u201cWhen someone buys a home, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-794791","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood 47% of renters feel a sense of belonging in their neighborhood, compared with 64% of homeowners, according to a new Redfin survey SEATTLE&#8211;(BUSINESS WIRE)&#8211; (NASDAQ: RDFN) \u2014 Less than half (46.7%) of U.S. renters feel a sense of belonging in their neighborhood, compared with almost two-thirds (63.6%) of homeowners, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Just 38.9% of renters feel they have things in common with their neighbors, compared with 58.5% of homeowners. And renters are more likely to avoid neighbors; 41.6% try to avoid interacting with their neighbors, versus 33.1% of homeowners. \u201cWhen someone buys a home, &hellip; Continue reading &quot;Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-13T13:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241213118981r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood\",\"datePublished\":\"2024-12-13T13:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\\\/\"},\"wordCount\":776,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20241213118981r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\\\/\",\"name\":\"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood - 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Just 38.9% of renters feel they have things in common with their neighbors, compared with 58.5% of homeowners. And renters are more likely to avoid neighbors; 41.6% try to avoid interacting with their neighbors, versus 33.1% of homeowners. \u201cWhen someone buys a home, &hellip; Continue reading \"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-13T13:03:13+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241213118981r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood","datePublished":"2024-12-13T13:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/"},"wordCount":776,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241213118981r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/renters-are-less-likely-than-homeowners-to-feel-a-sense-of-belonging-in-their-neighborhood\/","name":"Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood - 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