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Landlords all across America are helping renters decide whether or not to buy a home.

They aren’t doing it by providing sage wisdom or espousing the joys of homeownership to their less venerable tenants. They’re doing it, it seems, by jacking up the rent.

The TD Bank Renter Survey suggests more expensive rents are the cause of an intensifying interest in homeownership.

Based on a sampling of over 1,000 US renters, the survey found 50 percent of respondents are planning to buy a home sometime in the next two years and 46 percent want to own precisely because of rising rents.

Of course, the desire to build equity was a major driver behind these ownership aspirations; some 45 percent of respondents said that’s why they want to get out of the rental market.

Nevertheless, everyone has their limits for what they’ll fork over at the end of the month. On average $1,118 was the most rent respondents said they’d pay before deciding it makes more sense to buy a place of their own.

The average rent that those who were polled declared was $916, and 52 percent said their monthly payments have gone up in the last two years.

Wanting to own a home is one thing. Being able to pay the price of ownership is another, and, not surprisingly, affordability was the biggest concern for 86 percent of respondents.

However, more than half of the renters surveyed said they’d at least saved something for a future home purchase, and 18 percent claimed they had $100,000 or more banked.

That level of financial responsibility makes sense if you consider how important home ownership was to respondents. Three out of five respondents thought it was of some importance, with a zealous 38 percent ranking it as “extremely important.”

As for their current living arrangements, 55 percent of respondents say they’re already paying the rent on an apartment or home by themselves.

The other 45 percent identify as paying the rent “with someone else.”

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