Approximately what percentage of adults own versus rent their homes?

The correct answer indicates that approximately 60% of adults own their homes while about 40% rent. This reflects the general trend observed in the housing market, where homeownership tends to be higher than renting, but there's still a substantial population of renters. According to various studies and statistics, this balance can vary by location and demographic factors, but a 60-40 split captures the national averages seen in many regions.

Homeownership rates are influenced by factors such as the economy, interest rates, and regional housing markets. The 60% ownership rate suggests a healthy level of investment in real estate among adults, often driven by the desire for stability, equity investment, and tax benefits associated with homeownership. Meanwhile, the significant proportion of renters underscores the challenges some individuals face in affording home prices, as well as the flexibility renting offers, especially for younger adults and those in transient job situations.

This answer contrasts with the other provided options, which suggest either drastically higher homeownership rates or equal ownership and rental rates. These options do not accurately reflect the emerging trends in the housing market as of the latest data.