2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter

2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter | Simplifying The Market
[:en]Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

In a recent Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater.

The graph below demonstrates the results of the last two Federal Reserve studies and Yun’s prediction:

Increasing Gap in Family Wealth | Simplifying The Market

Put Your Housing Cost to Work For You

Simply put, homeownership is a form of ‘forced savings’. Every time you pay your mortgage you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.

The latest National Housing Pulse Survey from NAR reveals that 80% of consumers believe that purchasing a home is a good financial decision. Yun comments:

“Though there will always be discussion about whether to buy or rent, or whether the stock market offers a bigger return than real estate, the reality is that homeowners steadily build wealth. The simplest math shouldn’t be overlooked.”

Bottom Line

If you are interested in finding out if you could put your housing cost to work for you through homeownership, let’s get together and discuss your options.[:es]Cada tres años la Reserva Federal conduce una encuesta, Survey of Consumer Finances, en la que recogen datos a través de todos los grupos económicos y sociales. La última encuesta, que incluye datos desde 2010 a 2013, informó que el patrimonio neto de un propietario de casa es 36 veces mayor que el de un arrendatario ($194,500 vs. $5,400).

En un artículo reciente de Forbes, Lawrence Yun, el Economista principal de la Asociación nacional de Realtors (NAR) predice que en 2016 la brecha en el patrimonio familiar se ampliará aún más de 45 veces.

La gráfica abajo demuestra los resultados de los dos últimos estudios de la Reserva Federal y la predicción de Yun:

Brecha creciente en el patrimonio Familiar| Simplifying The Market

Ponga el costo de su vivienda a trabajar por usted

En pocas palabras, el ser propietario de una casa es una forma de ‘ahorros forzados’. Cada vez que paga su hipoteca usted está contribuyendo a su patrimonio neto. Cada vez que usted paga su alquiler, está contribuyendo al patrimonio neto de su arrendador.

La última encuesta, National Housing Pulse Survey, de NAR reveló que 80 % de los consumidores creen que comprar una casa es una buena decisión financiera. Yun comento:

“Aunque siempre habrá discusión en cuanto a comprar o alquilar, o si la bolsa de valores ofrece un regreso en la inversión mayor que bienes raíces, la realidad es que los propietarios de casa constantemente acumulan riqueza. La matemática más simple no debe ser pasada por alto”.

En conclusión

Si usted está interesado en saber si usted puede poner el costo de su vivienda a trabajar por usted a través de ser propietario de vivienda, reunámonos para discutir sus opciones.

 [:]

2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter

2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter | Simplifying The Market

[:en]Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a recent Forbes article the ...

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2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter

2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter | Simplifying The Market

[:en]Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

In a recent Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun predicts that in 2016 the net worth gap will widen even further to 45 times greater.

The graph below demonstrates the results of the last two Federal Reserve studies and Yun’s prediction:

Increasing Gap in Family Wealth | Simplifying The Market

Put Your Housing Cost to Work For You

Simply put, homeownership is a form of ‘forced savings’. Every time you pay your mortgage you are contributing to your net worth. Every time you pay your rent, you are contributing to your landlord’s net worth.

The latest National Housing Pulse Survey from NAR reveals that 80% of consumers believe that purchasing a home is a good financial decision. Yun comments:

“Though there will always be discussion about whether to buy or rent, or whether the stock market offers a bigger return than real estate, the reality is that homeowners steadily build wealth. The simplest math shouldn’t be overlooked.”

Bottom Line

If you are interested in finding out if you could put your housing cost to work for you through homeownership, let's get together and discuss your options.[:es]Cada tres años la Reserva Federal conduce una encuesta, Survey of Consumer Finances, en la que recogen datos a través de todos los grupos económicos y sociales. La última encuesta, que incluye datos desde 2010 a 2013, informó que el patrimonio neto de un propietario de casa es 36 veces mayor que el de un arrendatario ($194,500 vs. $5,400).

En un artículo reciente de Forbes, Lawrence Yun, el Economista principal de la Asociación nacional de Realtors (NAR) predice que en 2016 la brecha en el patrimonio familiar se ampliará aún más de 45 veces.

La gráfica abajo demuestra los resultados de los dos últimos estudios de la Reserva Federal y la predicción de Yun:

Brecha creciente en el patrimonio Familiar| Simplifying The Market

Ponga el costo de su vivienda a trabajar por usted

En pocas palabras, el ser propietario de una casa es una forma de ‘ahorros forzados’. Cada vez que paga su hipoteca usted está contribuyendo a su patrimonio neto. Cada vez que usted paga su alquiler, está contribuyendo al patrimonio neto de su arrendador.

La última encuesta, National Housing Pulse Survey, de NAR reveló que 80 % de los consumidores creen que comprar una casa es una buena decisión financiera. Yun comento:

“Aunque siempre habrá discusión en cuanto a comprar o alquilar, o si la bolsa de valores ofrece un regreso en la inversión mayor que bienes raíces, la realidad es que los propietarios de casa constantemente acumulan riqueza. La matemática más simple no debe ser pasada por alto”.

En conclusión

Si usted está interesado en saber si usted puede poner el costo de su vivienda a trabajar por usted a través de ser propietario de vivienda, reunámonos para discutir sus opciones.

 [:]

2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter

2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter | Simplifying The Market

[:en]Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a recent Forbes article the ...

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