Blog > The Big Difference Between a Homeowner’s and a Renter’s Net Worth

The Big Difference Between a Homeowner’s and a Renter’s Net Worth

by Linda Hill

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The Big Difference Between a Homeowner’s and a Renter’s Net Worth

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Some Highlights

  • Homeownership is one of the best ways to build wealth in our country, and it’s easy to see why.
  • As you pay down your mortgage and as home values rise over time, you gain equity, and that helps grow your net worth. That’s why a homeowner’s net worth is nearly 40X greater than a renter's.
  • But you should only buy a home when you’re ready and able to do it. If you want to build a plan to get there, let’s connect.​
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Linda Hill

Agent | License ID: 287145

+1(706) 681-4855 | lindahill@kw.com

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