I was reading a report from Lawrence Yun, Chief Economist and Senior Vice President of research for the National Association of Realtors, he was talking about figures provided by the Federal Reserve Board which have consistently show the staggering difference in net worth when the government compares home owners to renters. - Would you believe, in the latest study home owners had an average net worth of $184,400 while renters had an average net worth of just $4,000.

So no matter what the latest news is on the economy or interest rates Americans that buy their own home rather than rent consistently have a better nest egg.

You’re not just buying real estate; you’re buying a dream of ownership and accumulating wealth as a side benefit.