The Big Difference Between a Homeowner’s and a Renter’s Net Worth
The Big Difference Between a Homeowner’s and a Renter’s Net Worth
Owning a home is one of the most effective ways to grow wealth in the U.S., and the reason is clear.
As you reduce your mortgage balance and property values increase, you build equity—which adds to your overall net worth. That’s why homeowners typically have a net worth that’s nearly 40 times higher than renters.
Still, it’s important to buy only when you’re prepared. If you're looking to create a strategy to get there, let’s connect.
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