![Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | Simplifying The Market](https://d15zjc2r4e8kr7.cloudfront.net/9511/blog/misc/20210618-KCM-Share-549x300.png)
![Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | Simplifying The Market](https://d15zjc2r4e8kr7.cloudfront.net/9511/blog/misc/20210518-MEM.png)
Some Highlights
- When you rent, you build your landlords wealth, your monthly payment depends on ever-rising rents, and you dont benefit from home price appreciation.
- On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation.
- If youre feeling the challenges of a competitive market, remember that homeownership is a long-term game. Persevering today will lead to financial rewards in the future.
