Homeownership Offers Stability & Wealth Creation

Home / Blog / Homeownership Offers Stability & Wealth Creation

Homeownership Offers Stability & Wealth Creation

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:

  1. They want the opportunity to build equity.
  2. They want a stable and safe environment.

Building Equity

In a recent article by The Mortgage Reports, they report that “buying and owning a home is the essence of ‘The American Dream.’ Each month, your housing payments go toward owning your home instead of renting it; building your personal wealth and assets instead of someone else’s.

History has shown that homeownership is a clear path to wealth-building, with homeowners boasting a net worth [that is] multiples higher than the net worth of renters.”  

Family Stability

Does owning your home really create a more stable environment for your family?

survey of property managers conducted by rent.com disclosed two reasons tenants should feel less stable with their housing situation:

  • 68% of property managers predict that rental rates will continue to rise in the next year by an average of 8%.
  • 53% of property managers said that they were more likely to bring in a new tenant at a higher rate than to negotiate and renew a lease with a current tenant they already know.

We can see from these survey results that renting will provide anything but a stable environment in the near future.

Bottom Line

Homeowners enjoy a more stable environment, and at the same time are given the opportunity to build their family’s net worth.


3fabfee5 df04 4d39 94dd 4444c05baef1 880f780f a40e 4df7 b7b2 16bab7e804ad ad141c56 d9cb 4ce5 9dfe a96df68976ba 8360e09c 8ec6 4f4c 9691 4c2cf05c4df2 c36f408a b6ff 409b a178 7c73bd56a789 c19acf33 d4af 49fe 9404 1f069376dc97 de1d7682 49f7 49e3 abbd d3045be319e1 9717a491 4939 49e3 a838 801ff5205f5c 00919b9a 64d0 4baa ad11 7e5cdf34c4b7 d6216179 8800 47d2 b896 3325dec8ee41 94b387e0 da0b 4b14 a2e6 96d2c7d6fb6e 9e04912e 8c40 4679 b423 7c00e0b93070 9b070dbd 11d3 4eec a0e5 e9f92c3626f5 cae74eb5 aefe 4d24 85d3 25586da9dd73 75791f5c cfc2 4617 8955 b21cbc2c2f05 dcbe42bd dc80 43e6 970d 9a27ada11e05 7f6d7b2a da9b 41c5 8782 9e2ee1919314 a4cc29b0 5421 4627 b353 d306c17b3d87 d0753b93 90aa 4a3a ac2e f81d154d5ff0 7fc473eb ef5f 4365 af9e 9cd6b2b054f1 a42bf2c5 6367 4964 b982 ba141fc0a84f b85f755c dbc0 40ac 886a cc50c3960d5f 044636ae bcaf 45e2 9759 a4c6719292a3