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The Big Difference Between Renter and Homeowner Net Worth

  • laura25077
  • Nov 15, 2024
  • 1 min read

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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