Why Real Estate is a Great Investment: Home Ownership an Escalator to Wealth

Why is real estate is a great investment? Home ownership is an escalator to wealth according to experts. Homes tend to appreciate faster than inflation and hold their value. They are also great investments because of interest from rental income.

A person who owns at least one home on average has a 55 higher time net worth than someone who is a renter. Paying rent over time is a waste since it transfers wealth from tenants to landlords. Every time a mortgage payment is made a home owner is building equity, plus generating income from rents potentially. Also the home appreciation helps increase wealth as well.

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