Wealth Built With Real Estate

Wealth Built With Real Estate

So a few numbers have jumped out to me over the last few years regarding wealth in America. I have always wondered why some individuals seemed to gain and compound more wealth and others didn't. This wasn't by any measure of where individuals resided or where they worked. In fact some could be the  your neighbor right next door to you. The ONE thing that continued to show up time after time was one person who owned their home vs the person who rented. This simple factor played a vital role into wealth building. The difference between the numbers are almost overwhelming. The projected homeowners net worth for 2016 is projected to be $225,000 vs $5,000 for the renter. There are many more reasons why one should look to own vs rent, but if anything stands out the most. Its the fact that homeownership will give you 45 x the amount in net worth then renting ever would! For this simple reason considering you should buy feel free to reach out to me with any questions.

The following article dives a little deeper. 


Phillip Gonzales Headshot
Phone: 480-540-3911
Dated: November 18th 2015
Views: 431
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