A survey byThe Joint Center of Housing StudiesatHarvard Universityreveals that when a family is buying a home they consider the financial benefits of homeownership along with the social benefits. The survey mentions things like:
Paying rent does not make sense
Homeownership provides a good financial opportunity
Owning a home helps you building family wealth
Buying a home is investing in your retirement
Home equity gives you something to borrow against
So how did homeownership match up against other investments in 2015? Here is a chart that compares its return on investment against precious metals and the stock market last year:
Not only did homeownership offer all its social benefits. It also was a great investment financially.
Author:Kelly Meyer Phone: 704-819-2774 Dated: January 5th 2016 Views: 994 About Kelly: ...
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