Average Net Worth of Renters and Homeowners (Big Difference)

Average Net Worth of Renters and Homeowners (Big Difference)

You’ve probably heard that buying a home is the “American Dream,” but let’s cut through the cliches for a second—because the real reason people say that has very little to do with white picket fences and a whole lot more to do with wealth. In fact, the difference in net worth between a homeowner and a renter isn’t just big—it’s absolutely staggering. And once you see the numbers for yourself, it’s easy to understand why real estate is the largest source of wealth for the middle class in America.