Renters Confidence Index - see: San Jose
48% of renters are determined to buy a home within 5 years, in the San Jose region of California. However, more than 1/2 think it is not a good time now to buy, mainly because of prices. Still, 70% think that buying a home is the best long-term investment.
In particular, 56% of Millenials are determined to own a home, and about 75% of them are pretty confident that they will have the ability to afford a home in the future. About the same number think it is the best long-term investment.
Source: Pulsenomics - Renter Confidence Dashboard - See: San Jose
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