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The Mike Lentz Team - Keller Williams Realty

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Home » The Big Difference Between Renter and Homeowner Net Worth

The Big Difference Between Renter and Homeowner Net Worth

November 15, 2024 by Mike

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.

Filed Under: Equity, Infographics, Rent vs Buy

About Mike

Michael Lentz

The Mike Lentz Team
Keller Williams Realty
broker: 856-582-1200
team: 856-202-3154
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The Mike Lentz Team
Keller Williams Realty
381 Egg Harbor Rd
Sewell NJ 08080

Broker: 856-582-1200
Team: 856-202-3154

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