Some Highlights
- When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
- On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.
- If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.
“Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]” Keeping Current Matters, June 18th, 2021. https://www.keepingcurrentmatters.com/2021/06/18/owning-a-home-has-distinct-financial-benefits-over-renting-infographic/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-automated&utm_content=DailyBlogSubscription&utm_term=BlogPost