Sunday, December 1, 2024 / by Emman Cristobal
The Big Difference Between Renter and Homeowner Net Worth
Some Highlights
- 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.
PARTNER REAL ESTATE | THE ALMARO TEAM
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lnicolini@partner.realestate
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