Rent vs. Buy: What’s the Right Decision for You?
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MAY 10, 2022
Those wealthier households drove 70% of total renter household growth between 2009 and 2019. In 2019, the median net worth of homeowners was $255,000, compared with a median net worth of $6,300 for renters. “A People wanted to buy homes in 2004 to 2008 because of their unrealistic expectations about price appreciation,” says Palim.
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