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Rent vs. Buy: What’s the Right Decision for You?

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The shift from renting to purchasing a home typically occurs in someone’s early 30s, according to Palim. “As 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

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