The REAL REASON Owning a Home is Better than Renting
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There is one reason homeowners
There is one reason homeowners have 40 times the net worth of a renter. Its because over time they pay far less for total housing than a renter. This massive savings allows them to save even more and invest far greater than anyone who rents.
In most buy vs rent scenarios the appreciation percentage of owning a house is compared to stock market gains. The problem is that not everyone is guaranteed to get a positive return from the stock market while every person that buys a house benefits from a fixed housing cost while renters are at a disadvantage with rising housing costs each year.
In most buy vs rent scenarios the appreciation percentage of owning a house is compared to stock market gains. The problem is that not everyone is guaranteed to get a positive return from the stock market while every person that buys a house benefits from a fixed housing cost while renters are at a disadvantage with rising housing costs each year.
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