How Owning a Home Builds Your Net Worth

When you own your home, you have the advantage of your mortgage payment acting as a contribution to a forced savings account that grows in value as your home does. And when you sell, any equity you’ve built up comes back to you. As a renter, you’ll never see a return on the money you pay out in rent every month.

Source: https://www.simplifyingthemarket.com/en/2022/09/06/how-owning-a-home-builds-your-net-worth/