The Big Difference Between Renter and Homeowner Net Worth

If you’re torn between renting or buying, don’t forget to factor in the
wealth-building power of homeownership. 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.

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