A growing number of Americans, including retirees and older adults, are increasingly opting to rent rather than own homes amid rising housing costs and high mortgage rates. Many face challenges in deciding whether to buy or continue renting, especially those without heirs or with limited income sources such as Social Security. Mortgage rates remain at a 24-year high, contributing to affordability issues and preventing many couples from purchasing homes. Experts and commentators highlight that inflation, particularly in housing, stems largely from supply constraints rather than monetary policy. Federal Reserve Chair Jerome Powell's decision to maintain high interest rates despite declining monthly inflation has drawn criticism, with some arguing that central banks should not set interest rates. Additionally, private equity firms like Blackstone are purchasing large numbers of single-family homes, further impacting the market. The long-term effects of these trends could reshape American society, as homeownership becomes increasingly out of reach for many.