A typical homeowner's net worth is 40 times higher than that of a renter build does homeownership really build wealth? Homeownership promotes wealth building by acting as a forced savings mechanism and through home value appreciation over time. At the same time, there is a study that says owning a home may help you save money, but it won’t help you make money and that households are better off taking control of their finances than relying on fluctuating home values. In this episode, we discuss the idea of homeownership and why we believe it's cruical in helping you create generational wealth as we help you become The Educated HomeBuyer.
⏩Do NOT Buy A House In 2023 - https://youtu.be/5x_Dmmir5ac
⏩Preparing To NOT Buy A House In 2023 - https://youtu.be/nw2-jw0xYO8
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@MinorityMindset Video Mentioned In This Video - https://youtu.be/wsennIwCL_w?si=qPBzpDAu3C9QFtX8&t=230
Connect with me 👇 Jeb Smith (huntington beach Realtor/orange county real estate) DRE 01407449 Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
➡Y O U T U B E ➳https://www.youtube.com/c/JebSmith
Connect with me 👇
Josh Lewis (California Certified Mortgage Consultant)
NMLS ID: 234220 | CA DRE: 01209148
United American Mortgage | NMLS ID: 1942
➡I N S T A G R A M ➳ https://www.instagram.com/borrowsmartjosh
➡Y O U T U B E ➳https://www.youtube.com/c/buywiseborrowsmart
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