News

Check out market updates

The Cost of NOT Owning Your Home

The Cost of NOT Owning Your Home | Simplifying The Market

Owning a home has great financial benefits. Because of this, more and more experts are growing concerned about the ramifications of a falling homeownership rate. Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed.

The outcomes of a falling homeownership rate can be devastating. As explained by ApartmentList.com:

“Our research indicates that not owning a home has a sizable financial cost, as renters miss out on low mortgage rates and are hit by higher rents.

This phenomenon may exacerbate inequality in our society, as those wealthy enough to invest in real estate benefit from lower interest rates, whereas minorities and younger Americans, hit by rising rents and student debt, risk being locked out of homeownership.”

What proof exists that owning is financially better than renting?

1. A study published by the Joint Center of Housing Studies at Harvard University shows the financial benefits of homeownership. The study mentions five major financial benefits:

  • Housing is typically the one leveraged investment available
  • You’re paying for housing whether you own or rent
  • Owning is usually a form of “forced savings”
  • There are substantial tax benefits to owning
  • Owning is a hedge against inflation

2. Studies have shown that homeowners have a net worth that is 45X greater than that of a renter.

3. Just last month, we explained that a family buying an average priced home this past January could build more than $46,000 in family wealth over the next five years. 

4. Some argue that renting eliminates the cost of taxes and home repairs. Every potential renter must realize that all the expenses the landlord incurs are baked into the rent payment already – along with a profit margin!!

Bottom Line

Owning a home has always been, and will always be better from a financial standpoint than renting.

Source: DZ

Pin It

(1,135) Comments

  1. Yoru28#17;&e welcome Maggie, it’s good to hear from you again. I’d love to find some rat tailed maggots in my garden, they’d make a great post if I could get some pictures!

  2. What I wouldnt give to have a debate with you about this. You just say so many things that arrive from nowhere that Im quite sure Id have a fair shot. Your weblog is excellent visually, I mean people wont be bored. But others who can see past the videos and the layout wont be so impressed with your generic understanding of this topic.
    coach factory online sale invitation http://www.coachusaoutlet.top

  3. Hey – nice blog, just looking around some blogs, appears a pretty great platform you might be making use of. Im presently utilizing WordPress for several of my sites but looking to change one of them around to a platform comparable to yours like a trial run. Something in specific youd suggest about it?
    ecco shoes outlet usa http://www.hsfashion.co.uk

  4. Great Share! I’m impressed, I must say. Really rarely do I encounter a blog that’s both educative and entertaining, and let me tell you, you have hit the nail on the head. Your idea is outstanding; the issue is something that not enough people are speaking intelligently about. I am very happy that I stumbled across this in my search for something relating to this.
    chanel 5 perfume sale http://www.easyinboxmailer.com/bags-sale/

  5. But yeah Many thanks for taking the time to discuss this, I feel strongly about it and in actual fact like learning more on this topic. If doable, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.
    cheap ecco shoes http://www.eccoonlineshop.com

  6. good quality evening, I’m a college English major and I’m learning a lot about writing by reading internet. I in actuality enjoy your style of writing. It’s very easy to understand but with excellent details. Your choice of words makes it easy to read and understand. That’s a huge portion of writing. Your viewers have to be able to understand what you’re saying and it has to be interesting. You need to challenge your viewers , so they will come back for more. You do a superior job with all of these tittle. Thx!
    north face outlet locations http://www.mcadamssupplyco.com/north-face/

  7. Bookmarked this particular web page, will come again for much more. You, my friend, awesome! I discovered just the details I by now explored in all places and just can’t find. What a perfect site. Such as this site your web site is 1 of my new most-loved.I like this information proven and it has given me some sort of enthusiasm to possess good results for some cause, so keep up the very good perform!
    louis vuitton outlet sale http://www.long-beach-air-conditioning.com/louis-vuitton/

  8. Ethan – whose frequent use of the words “bomb” and “terrorist” had gotten both he and Peter booted off their plane – tries to make amends by offering him a ride in his rental car to Hollywood (where he hopes to get a role on Two and a Half Men).
    lv outlet store http://www.brownfashion.co.uk

  9. Nice post. I be taught something more difficult on completely different blogs everyday. It can at all times be stimulating to learn content from different writers and observe just a little something from their store. I’d choose to use some with the content on my weblog whether or not you don’t mind. Natually I’ll provide you with a link on your internet blog. Thanks for sharing.
    is louis vuitton outlet authentic http://www.znaturaloriginal.com/louis-vuitton/

  10. The Awards Ceremony will take place at 7:30 pm, Friday, January 9 at the Herbst Theater in San Francisco. Its an elegant, old world theater with 900 seats that will help give the awards the air of importance we believe they deserve. General admission tickets will be released in December. When angry count four; when very angry, swear. Mark Twain 1835 1910 Take That Tickets and RAC Motoring Services
    canada goose montreal store http://www.factorycanadagooseoutlet.online

  11. Now it is perfect time to create a few plans for the longer term and it is the moment to take a break. I have read this publish and if I may I wish to suggest you few interesting issues or advice. Maybe you can publish subsequent articles relating to this article. I hope to study more things about it!
    polo ralph lauren outlet http://www.ralphlaurenoutlet.store

  12. This is some enjoyable stuff. It took me a while to locate this website but it was worth the time. I noticed this page was buried in google and not the number one spot. This web site has a ton of nice stuff and it does not deserve to be burried in the search engines like that. By the way Im going to save this website to my favorites.
    north face outlet sale http://www.northfacesale.online

  13. Good post. I be taught one thing tougher on completely different blogs everyday. Itll all the time be stimulating to read content from other writers and observe just a little one thing from their store. I’d want to use some with the content on my weblog whether you don’t mind. Natually I’ll offer you a link in your web blog. Thanks for sharing.
    furla candy bag http://furla.compucelunlock.net

  14. Hi buddy. My loved one and i genuinely only like this the article as well as the webpage all to most! that article is in truth okay plainly written and as well ideal simply understandable. Ones WordPress theme is impressive as well! would clearly be wonderful To find out where I must be capable download which. be certain how to keep up The nice work. you most need every even more these types on web owners such as you on The Internet and a lot smaller number spammers. great mate.
    jimmy choo online sale http://www.jimmychoooutlet.online

  15. But yeah Many thanks for taking the time to discuss this, I feel strongly about it and in actual fact like learning more on this topic. If doable, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.
    Cheap Gucci outlet http://www.cheapgucci.online

  16. I’ll gear this review to 2 types of people: current Zune owners who are considering an upgrade, and people trying to decide between a Zune and an iPod. (There are other players worth considering out there, like the Sony Walkman X, but I hope this gives you enough info to make an informed decision of the Zune vs players other than the iPod line as well.)
    wholesale newport cigarettes in usa http://webvipsmoking.com/wholesale-newport-100s_c1

  17. Major with! however I’m owning a few trouble trying toward load your blog. I have comprehend it many times before with never gotten something approximating this, nevertheless now when I test near load amazing it just takes a little while (5-10 minutes ) plus then just stops. I anticipate i don’t have spyware or something. Does anyone lying on familiar terms with what the issue could be?
    Ugg Outlet Online http://www.uggoutletstoreu.us

  18. Im happy I found this blog, I couldnt discover any info on this subject matter prior to. I also run a site and if you want to ever serious in a little bit of guest writing for me if possible feel free to let me know, im always look for people to check out my site. Please stop by and leave a comment sometime!
    Henri Lloyd outlet http://www.henrilloyd.online

  19. Est d’accord, l’information utile
    [url=http://www.whorebutt.top/gallery/2453/cam-shot-gal-suck-and-jack-off-studs-after-booze.html]Cam shot gal suck and jack off studs after booze[/url]

  20. hello!,I love your writing so much! proportion we be in contact more approximately your post on AOL? I require a specialist in this area to solve my problem. May be that’s you! Taking a look ahead to see you.
    [url=http://www.whorebutt.top/]Free Erotic Picture Galleries[/url]

  21. Hello friends, its impressive piece of writing about educationand fully explained, keep it up all the time.
    [url=http://www.whorebutt.top/gallery/3754/horny-cutie-playing-with-rubber-pecker-in-her-damp-pussy.html]Horny cutie playing with rubber pecker in her damp pussy[/url]

  22. le message Incomparable, me plaГ®t 🙂
    [url=http://www.whorebutt.top/gallery/3140/some-pussy-filling.html]Some pussy filling[/url]

  23. oRTK5N This blog is really cool additionally diverting. I have found helluva helpful things out of it. I ad love to return over and over again. Thanks a bunch!

  24. This awesome blog is no doubt interesting and besides informative. I have found helluva interesting things out of this amazing blog. I ad love to go back every once in a while. Thanks a lot!

  25. We stumbled over here from a different web address and thought I may as well check things out. I like what I see so now i am following you. Look forward to finding out about your web page yet again.

  26. You made some good points there. I checked on the internet for more info about the issue and found most people will go along with your views on this web site.

  27. Very useful information specifically the last part I care for such information a lot. I was looking for this certain information for a very long time. Thank you and good luck.

  28. Wow! This could be one particular of the most useful blogs We have ever arrive across on this subject. Actually Great. I am also a specialist in this topic so I can understand your effort.

  29. This awesome blog is without a doubt entertaining as well as diverting. I have picked a lot of useful things out of this blog. I ad love to go back every once in a while. Thanks a lot!

  30. I was suggested this blog by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my problem. You are amazing! Thanks!

  31. This blog is really entertaining as well as amusing. I have found many helpful tips out of this blog. I ad love to return over and over again. Thanks a bunch!

  32. Modular Kitchens have changed the idea of kitchen in today as world as it has provided household women with a comfortable yet a classy area through which they could spend their quality time and space.

  33. Incredible! This blog looks just like my old one! It as on a totally different subject but it has pretty much the same layout and design. Excellent choice of colors!

  34. I truly appreciate this post. I ave been looking everywhere for this! Thank God I found it on Bing. You have made my day! Thank you again..

  35. Your style is really unique in comparison to other people I have read stuff from. I appreciate you for posting when you ave got the opportunity, Guess I will just book mark this web site.

  36. This is a good tip especially to those new to the blogosphere. Brief but very precise information Appreciate your sharing this one. A must read post!

  37. I will right away grab your rss feed as I can not find your email subscription link or e-newsletter service. Do you ave any? Please allow me know in order that I could subscribe. Thanks.

  38. You have made some decent points there. I looked on the web for more info about the issue and found most people will go along with your views on this site.

  39. Your information is very digestible. I enjoy your style of writing. Your points are clear and reasonable and I agree with a lot of your ideas. You have a lot of interesting views. Thank you.

  40. You made some decent points there. I looked on the internet for the subject and found most people will consent with your site.

  41. Wow, amazing weblog format! How long have you ever been blogging for? you made blogging glance easy. The overall look of your site is fantastic, as well as the content material!

  42. We stumbled over here by a different website and thought I might check things out. I like what I see so now i am following you. Look forward to finding out about your web page again.

  43. This awesome blog is really educating and also factual. I have discovered many handy tips out of this amazing blog. I ad love to visit it over and over again. Thanks a bunch!

  44. wonderful post, very informative. I wonder why the other specialists of this sector do not notice this. You must continue your writing. I am confident, you have a huge readers a base already!

  45. If you are ready to watch comical videos online then I suggest you to visit this web page, it consists of really thus funny not only videos but also extra data.

  46. Wow! This could be one particular of the most helpful blogs We ave ever arrive across on this subject. Actually Magnificent. I am also a specialist in this topic so I can understand your effort.

  47. Wow, incredible blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your site is wonderful, let alone the content!. Thanks For Your article about sex.

  48. Wow, marvelous blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your web site is great, as well as the content!

  49. I think this web site holds some rattling superb info for everyone . аЂа‹The ground that a good man treads is hallowed.аЂа› by Johann von Goethe.

  50. IaаАа’б‚Т€ТšаЂаŒаАа’б‚Т€ТžаБТžd ought to seek advice from you here. Which is not something I do! I love reading an article that could make individuals feel. Also, several thanks permitting me to comment!

  51. You can certainly see your enthusiasm within the paintings you write. The arena hopes for more passionate writers like you who are not afraid to say how they believe. At all times follow your heart.

  52. This unique blog is obviously interesting and besides informative. I have picked helluva helpful things out of it. I ad love to return over and over again. Thanks a lot!

  53. Nice blog here! Also your web site loads up very fast! What host are you using? Can I get your affiliate link to your host? I wish my website loaded up as fast as yours lol

  54. Wow! This could be one particular of the most useful blogs We have ever arrive across on this subject. Actually Wonderful. I am also an expert in this topic therefore I can understand your hard work.

  55. Superb read, I just passed this onto a friend who was doing a little study on that. And he really bought me lunch because I found it for him smile So let

  56. I simply could not depart your website prior to suggesting that I extremely loved the usual information a person provide in your guests? Is going to be back regularly to check up on new posts.

  57. We stumbled over here different page and thought I might as well check things out. I like what I see so now i am following you. Look forward to exploring your web page repeatedly.

  58. I think other site proprietors should take this website as an model, very clean and excellent user friendly style and design, let alone the content. You are an expert in this topic!

  59. My brother recommended I might like this website. He was totally right. This post truly made my day. You cann’t imagine just how much time I had spent for this information! Thanks!|

  60. Greetings from Los angeles! I’m bored to death at work so I decided to browse your website on my iphone during lunch break. I really like the information you provide here and can’t wait to take a look when I get home. I’m shocked at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, wonderful site!|

  61. Im no pro, but I consider you just crafted the best point. You certainly understand what youre talking about, and I can truly get behind that. Thanks for staying so upfront and so straightforward.

  62. This unique blog is obviously entertaining additionally diverting. I have discovered a bunch of useful things out of this blog. I ad love to go back every once in a while. Thanks a bunch!

  63. It’s in fact very difficult in this active life to listen news on Television, therefore I only use world wide web for that purpose, and get the hottest information.|

  64. Very nice post and right to the point. I am not sure if this is actually the best place to ask but do you folks have any thoughts on where to employ some professional writers? Thx

  65. Your style is very unique compared to other folks I ave read stuff from. Thank you for posting when you have the opportunity, Guess I will just bookmark this web site.

  66. Normally I do not learn post on blogs, but I wish to say that this write-up very forced me to take a look at and do so! Your writing taste has been surprised me. Thanks, very nice post.

  67. What as Happening i am new to this, I stumbled upon this I ave found It absolutely helpful and it has helped me out loads. I hope to contribute & assist other users like its aided me. Great job.

  68. Nice post. I learn something new and challenging on sites I stumbleupon on a daily basis. It as always interesting to read articles from other writers and use something from their sites.

  69. Sweet blog! I found it while surfing around on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I ave been trying for a while but I never seem to get there! Cheers

  70. With havin so much content do you ever run into any issues of plagorism or copyright violation? My website has a lot of completely unique content I’ve either created myself or outsourced but it seems a lot of it is popping it up all over the internet without my agreement. Do you know any techniques to help stop content from being stolen? I’d really appreciate it.|

  71. Very nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed surfing around your blog posts. After all I all be subscribing to your feed and I hope you write again soon!

  72. Hey would you mind sharing which blog platform you’re using? I’m planning to start my own blog soon but I’m having a tough time making a decision between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your layout seems different then most blogs and I’m looking for something unique. P.S Apologies for being off-topic but I had to ask!|

  73. Wow, incredible blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your web site is wonderful, let alone the content!

  74. Wow, awesome blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your web site is magnificent, as well as the content!

  75. Your style is really unique compared to other people I ave read stuff from. I appreciate you for posting when you have the opportunity, Guess I will just bookmark this site.

  76. Wonderful blog! I found it while browsing on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I ave been trying for a while but I never seem to get there! Thanks

  77. Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! However, how can we communicate?|

  78. Hi, There’s no question that your web may perhaps be taking in website browser compatibility problems. Each time I get a visual appearance at your blog site inside of Safari, it appears to be like wonderful on the other hand, if opening within I.E., it consists of some overlapping challenges. I just ideal toward offer by yourself with a easy heads up! Other than that, Good web-site!

  79. Link exchange is nothing else but it is simply placing the other person’s webpage link on your page at appropriate place and other person will also do same in favor of you.|

  80. You can certainly see your skills in the work you write. The world hopes for more passionate writers like you who are not afraid to say how they believe. Always go after your heart.

  81. This awesome blog is definitely entertaining and besides diverting. I have chosen helluva handy advices out of this blog. I ad love to return over and over again. Cheers!

  82. My partner and I stumbled over here different website and thought I may as well check things out. I like what I see so now i am following you. Look forward to looking into your web page again.|

  83. Wow, awesome blog layout! How lengthy have you been blogging for? you make blogging glance easy. The full glance of your web site is magnificent, let alone the content!

  84. Secondary moment My partner and i acquired and then both of those events happy with %anchor% When important I most certainly will arrangement as a result supplier once again..Fantastic occupation.

  85. Hi there would you mind letting me know which hosting company you’re using? I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most. Can you recommend a good internet hosting provider at a fair price? Thanks a lot, I appreciate it!|

  86. I simply could not depart your site before suggesting that I extremely loved the usual info a person supply to your guests? Is gonna be again regularly in order to check up on new posts.

  87. Very nice post. I just stumbled upon your blog and wanted to say that I ave truly enjoyed surfing around your blog posts. In any case I all be subscribing to your feed and I hope you write again soon!

  88. Hey very cool website!! Guy .. Excellent .. Superb .. I’ll bookmark your site and take the feeds also? I am glad to seek out numerous helpful information right here within the post, we’d like develop extra strategies on this regard, thanks for sharing. . . . . .|

  89. Thanks for another fantastic post. Where else could anybody get that type of info in such a perfect method of writing? I have a presentation subsequent week, and I’m at the look for such information.|

  90. Your style is very unique in comparison to other folks I ave read stuff from. I appreciate you for posting when you have the opportunity, Guess I will just book mark this site.

  91. This is really interesting, You are a very skilled blogger. I have joined your feed and look forward to seeking more of your excellent post. Also, I have shared your site in my social networks!

  92. I was suggested this website by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my problem. You are incredible! Thanks!

  93. Thank you for another informative blog. The place else may just I am getting that type of info written in such a perfect manner? I’ve a mission that I’m just now operating on, and I’ve been on the glance out for such information.|

  94. Thanks for the good writeup. It in reality used to be a enjoyment account it. Look advanced to far added agreeable from you! However, how can we keep up a correspondence?|