Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]

Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | Simplifying The Market

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.

Author / Contributor: KCM Crew
https://www.simplifyingthemarket.com/en/2021/06/18/owning-a-home-has-distinct-financial-benefits-over-renting-infographic/?a=213329-17b65a93cc00027badc74fd84ae5dcba

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