The Big Difference Between Renter and Homeowner Net Worth (and Landlords are even better off)
Some Highlights
- If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership and owning rental property!!.
- Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s.
- Let’s connect if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.
