Most Wealth Building Begins With Housing

Most Wealth Building Begins With Housing

simplifyingthemarket.com

How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”.


A recent story they published, The First Rung on the Ladder to Economic Opportunity Is Housing, discussed the importance of having affordable housing available to as many families as possible because:


“The ladder to economic success can stretch only so high without the asset-building power of homeownership.Home equity provides Americans with the ability to send their children to college with less student loan debt and is the primary source of funds for retirement. Half of the assets of Americans over age 55 are in their home.”

Bottom Line


It is often noted that the net worth of a family owning a home is 45 times greater than that of a family that rents. That is not a coincidence.


Get more information here...


Image credit: KeepingCurentMatters.com


Lance Whipple PA Headshot
Author:
Phone: 407-494-6030
Dated: April 8th 2016
Views: 1,055
About Lance: My name is Lance Whipple and I help first-time homebuyers, international investors, “active adults...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Golf Club Villa In Providence - “Where golfing is not a luxury -
Are Homebuyers Starting To Hit The Pause Button - Are Homebuyers Starting to Hit
Sep 13 2018 38693 1 - 5 Perks Of Living In Central
Sep 12 2018 62815 1 - FRONT YARD CURB APPEAL IDEAS FOR

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL
863-292-6217
321-445-5568