timetobuy 5 powerful reasons to own instead of rent: #TimeToBuy 5 Powerful Reasons to Own Instead of Rent #FirstTimeHomeBuyers
- 07/09/19 09:13 AM
Owning a home has great financial benefits.
In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained:
“Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ savings with mortgage amortization and nominally fixed payments, and the potential to lower home maintenance costs through sweat equity.”
Let’s breakdown 5 major financial benefits of homeownership:
1. Housing is typically the one leveraged investment available
Homeownership allows households to amplify any appreciation on the value … (0 comments)
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Owning a home has great financial benefits.
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