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5 Reasons Why Homeownership Is a Good Financial Investment

December 01 2016
December 01 2016

According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.7%.” That may have some thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective?

In the report, Ralph McLaughlin, Trulia’s Chief Economist explains:

“Owning a home is one of the most common ways households build long-term wealth, as it acts like a forced savings account. Instead of paying your landlord, you can pay yourself in the long run through paying down a mortgage on a house.”

The report listed five reasons why owning a home makes financial sense:

  1. Mortgage payments can be fixed while rents go up.
  2. Equity in your home can be a financial resource later.
  3. You can build wealth without paying capital gains.
  4. A mortgage can act as a forced savings account.
  5. Overall, homeowners can enjoy greater wealth growth than renters.

Bottom Line

Before you sign another lease, let’s get together and discuss all your options.


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Alice Shellshear

June 11, 2018 2:35 AM

The f financial investment is launched for the collection of the profits for the people. The use of the incentives and best essay for you has been charged for the formation of the good gaps for the people. The profits have been gathered for the success of the youngsters.

Kaitlyn Boniwell

July 10, 2018 10:40 PM

This report is good and now a day's mostly peoples can buy home for rental and or lease. I am read your five ways and these are related of this but I have some new things for investment you can just click here and read it here about this and if you don’t understand then contact me.

Finn Coburn

August 29, 2018 4:31 AM

Making the financial investment is a good thing when you are having an idea to make one at the heat time. You are having good reason about real estate the things that I have been asking to know from a while here.