HOME OWNERSHIP MATTERS
"Owning a home is one of the best ways to build long-term wealth. Historically, a home owner's net worth has ranged from 31 to 46 times that of a renter."
"Most Home Owners in today's market enjoy stable housing costs. A fixed-rate mortgage payment may not change for 15 to 30 years while rent typically increases 3% a year."
"The Stability that Home Owners provide reduces crime and supports neighborhood upkeep."
"Home Owners can typically deduct mortgage interest and property taxes on their income tax returns."