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New York Times: Homeownership is Best Way To Build Wealth

August 31, 2015 1:54 pm

 New York Times: Homeownership is Best Way To Build Wealth | Keeping Current Matters The housing market has made a strong recovery, not only in sales and prices, but also in the confidence of consumers and experts as an investment. In a New York Times editorial entitled, Homeownership and Wealth Creationthey explain:
“Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline in wealth after the housing bust, the net worth of homeowners over time has significantly outpaced that of renters, who tend as a group to accumulate little if any wealth.”