Homeownership Is Full of Financial Benefits
Posted by Dietchi Thomas on
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents:
- 88% - a better chance of saving for retirement
- 87% - the best investment plan
- 85% - the chance to be better off financially
- 85% - the chance to build up wealth
Additional financial advantages of homeownership included in the survey are having the best overall tax situation and being able to live within your budget.
Does homeownership actually give you a better chance to build wealth?
No one can question a person’s unique feelings about the importance of…
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