EP81 - Does Homeownership Really Build Wealth?

A typical homeowner's net worth is 40 times higher than that of a renter build does homeownership really build wealth? Homeownership promotes wealth building by acting as a forced savings mechanism and through home value appreciation over time. At the same time, there is a study that says owning a home may help you save money, but it won’t help you make money and that households are better off taking control of their finances than relying on fluctuating home values. In this episode, we discuss the idea of homeownership and why we believe it's cruical in helping you create generational wealth as we help you become The Educated HomeBuyer. ✅ - Want to get connected with us or to a local expert in your market, please reach out at http://www.theeducatedhomebuyer.com/expert Connect with me 👇 Jeb Smith (huntington beach Realtor/orange county real estate) DRE 01407449 Coldwell Banker Realty ➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith ➡Y O U T U B E ➳https://www.youtube.com/c/JebSmith Connect with me 👇 Josh Lewis (Huntington Beach Certified Mortgage Expert) DRE 01209148 Buywise Mortgage M:714-916-5727 E: [email protected] ➡I N S T A G R A M ➳ https://www.instagram.com/joshlewiscmc ➡Y O U T U B E ➳https://www.youtube.com/c/buywiseborrowsmart 📩 - [email protected]