Very nicely presented data. Love the photo and the graphics and significance of the message. Have a terrific weekend.
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Jennifer Carstensen -T...
Memphis, TN
Such a nice post and home ownership definitely matters, I believe that owning a home is still something that makes people feel like they have made it in life.
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Jennifer Carstensen -T...
Memphis, TN
This example has been the case for so many years you wonder when people will learn to trust their eyes instead of the words of a biased source??
Retirees have the benefit of both accrued equity they can tap as well as the option to do a reverse mortgage if they want. Throwing money away on rent is just that.
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Jennifer Carstensen -T...
Memphis, TN
Jennifer, my parents experienced that as my Dad had a company house provided for him with a very, very low nominal "rent" and they had nothing to show for it when he retired and they had to move out of the company house.
Excellent point that buying a home is a "forced" savings plan with tax benefits!
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Jennifer Carstensen -T...
Memphis, TN
I'm a strong believer in home ownership, even wrote an essay about it in college. It's a pain-free way to accumulate equity and provide a safe shelter for your family.
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Jennifer Carstensen -T...
Memphis, TN
Comments(6)