https://files.keepingcurrentmatters.com/wp-content/uploads/2021/06/16122150/20210618-KCM-Share.png 410 750 KCM Crew https://www.keepingcurrentmatters.com/wp-content/uploads/2023/01/KCMLogoFlatForDarkTM-300x39.png KCM Crew2021-06-18 06:30:262021-06-16 18:36:31Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]
Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]
- 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.
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