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Homeownership’s Impact on Net Worth

October 14, 2013 9:06 am

HomeownerVsRenterOver the last five years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build wealth. A recent study by the Federal Reserve formally answered this question. Here are some of the findings revealed in their report: