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The Big Difference Between Renter and Homeowner Net Worth
If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership. Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s. Let’s connect if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.
Renting vs. Buying in San Francisco: The Net Worth Gap and Your Wealth-Building Opportunity
If you’re deciding between renting and buying, remember that owning a home in San Francisco can be a powerful tool for wealth accumulation. Even if the initial investment seems steep, the long-term financial benefits are substantial. Let’s connect to explore whether buying is the right move for you and discuss financing options that could make homeownership possible.