When asked whether or not they are interested in buying a home someday, a majority of renters living in Dutchess County do not express interest. 55% are not interested and 45% are interested in future homeownership.
In concert with the feelings of renters throughout the Mid-Hudson region, about six in ten Dutchess County renters think it is likely they will be priced out of homeownership.
Dutchess County renters are more likely than the average renter living in the Mid-Hudson Valley to plan to leave the area if they cannot afford to buy a home nearby. 59% of Mid-Hudson Valley renters overall compared with 66% of Dutchess County renters are likely to move out of the area if they are unable to purchase a home.
