October 17, 2021

Net worth: Can renters build just as much as homeowners?

When it comes to building your wealth, there are few investments as good as real estate. When you buy a house, you boost your net worth considerably. In fact, in 2016, the average homeowner had a median net worth of $231,400. Renters on the other hand had a net worth of only $5,200, according to the Federal Reserve. That’s a HUGE difference in net worth—we’re talking hundreds of thousands of...

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