Homeownership is losing its edge as America’s most reliable wealth builder
Rising inflation and a bull market on Wall Street are challenging the long-held belief that homeownership is the surest path to building wealth.
For generations, buying a single-family home was the clearest and most accessible path to building wealth in America. Homeowners could expect to accumulate equity, hedge against inflation and see returns that outperformed their savings accounts.
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Original source: https://www.nbcnews.com/business