{"id":5198,"date":"2024-11-15T11:30:00","date_gmt":"2024-11-15T11:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/11\/15\/the-big-difference-between-renter-and-homeowner-net-worth\/"},"modified":"2024-11-15T11:30:00","modified_gmt":"2024-11-15T11:30:00","slug":"the-big-difference-between-renter-and-homeowner-net-worth","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/11\/15\/the-big-difference-between-renter-and-homeowner-net-worth\/","title":{"rendered":"The Big Difference Between Renter and Homeowner Net Worth"},"content":{"rendered":"<body>\n<div><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/11\/20241115-The-Difference-Between-Renter-And-Homebuyer-Net-Worth-KCM-Share-original.jpg?w=1220&#038;ssl=1\" alt=\"The Big Difference Between Renter and Homeowner Net Worth Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\">\n<p><a href=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/11\/The-Difference-Between-Renter-And-Homebuyer-Net-Worth-MEM-original.jpg?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/11\/The-Difference-Between-Renter-And-Homebuyer-Net-Worth-MEM-original.jpg?w=1220&#038;ssl=1\" alt=\"a stack of money on a blue background\" loading=\"lazy\"><\/a><\/p>\n<h3>Some Highlights<\/h3>\n<ul>\n<li>If you\u2019re torn between renting or buying, don\u2019t forget to factor in the <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/11\/07\/renting-vs-buying-the-net-worth-gap-you-need-to-see\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">wealth-building<\/a> power of <a href=\"https:\/\/nationalmortgageprofessional.com\/news\/homeowners-gain-equity-renters-lose-wealth\" rel=\"noopener noreferrer\" target=\"_blank\">homeownership<\/a>.<\/li>\n<li>Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That\u2019s why, on average, a homeowner\u2019s net worth is nearly <a href=\"https:\/\/www.federalreserve.gov\/publications\/files\/scf23.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">40x higher<\/a> than a renter\u2019s.\u00a0<\/li>\n<li>Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.<\/li>\n<\/ul>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"<p>Some Highlights If you\u2019re torn between renting or buying, don\u2019t forget to factor in the wealth-building power of homeownership. Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That\u2019s why, on average, a homeowner\u2019s net worth is nearly 40x higher than a renter\u2019s.\u00a0 Connect with an agent if you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5199,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-5198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/11\/20241115-The-Difference-Between-Renter-And-Homebuyer-Net-Worth-KCM-Share-original.jpg?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1lQ","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=5198"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/5199"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=5198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=5198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=5198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}