The Average Homeowner Became 40 Times Wealthier Than Renters Over The Past 10 Years
Homeownership has many advantages: stability, a sense of community, tax deductions and, of course, the opportunity to build wealth over time. Over the past 10 years, the median-priced home in the U.S. rose by $190,000 in value, making homeowners nearly 40 times wealthier than renters, according to a new report from the National Association of…