Owning a home is a major achievement and a great investment for many individuals living in Alexandria. The City of Alexandria features many residential areas where individuals own their own home while other are currently paying rent. A recent survey conducted by Lendingtree shows that individuals believe owning a home isn't difficult as renting. More than 2,000 homeowners were surveyed and 15% believe that renting is easier compared to 67% who believe owning is easier. In Alexandria, homeowners who have been living in their homes for a long period of time believe owning is easier compared to individuals who have been living in their homes for a short period of time. The survey shows that the longer an individual lives in their home the less likely they will ever rent again. Only 7% of respondents who have their own homes for more than decade would return to renting with 19% of homeowners for three years or less saying the same. Alexandria features many residential areas where prospective individuals can own a home or rent, depending on their preference of home ownership or home rental.
