Financial Benefits of Owning a Home V/S Renting

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Real Estate

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

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.