Owning a Home Has Distinct Financial Benefits Over Renting *

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

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.

Content previously posted on Keeping Current Matters

About the Author

Gravitar for Gabe Fitzhugh
Gabe Fitzhugh

Licensed real estate professional operating as a Broker Associate with Keller Williams Realty in Georgia, and owner / Broker of GF Homes and Land in Florida.