Owning a Home Has Distinct Financial Benefits Over Renting
![Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2021/06/16121610/20210518-MEM-1046x2442.png)
Some Highlights
- When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
- On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.
- If you’re feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.
Categories
Recent Posts
Rising Inventory Means This Spring Could Be Your Moment
Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up
Do You Know What Your House Is Really Worth?
Headed Back Into the Office? You May Decide To Move
Why a Pre-Listing Inspection May Be Worth It in Today’s Market
More Buyers Are Making Moves — Is It Time To Sell?
Is a Newly Built Home Right for You? The Pros and Cons
Is It Better To Rent or Buy a Home Today?
Do You Know How Much Your Home Is Worth?
Is an Accessory Dwelling Unit Right for You? Here’s What To Know
GET MORE INFORMATION
