Does buying a house help you build wealth? Yes — here's how.
Yahoo Finance·2025-09-02 16:05
Buying a house is expensive, which leads some people to wonder whether it’s worth buying or if they should keep renting. However, the long-term benefits of owning a home can help you build wealth for yourself and future generations of your family. According to the most recent Federal Reserve data, the median net worth of homeowner households was 10,400 for renter households. Read more: The best mortgage lenders for first-time home buyers Accumul ...