Homeownership vs. Renting: Weighing Wealth and Happiness

This chapter explores the financial disparities between homeowners and renters, emphasizing how homeownership can build wealth in America while also discussing the emotional complexities tied to owning a home. It features specific case studies, including the unexpected challenges faced by new homeowners, and highlights the hidden costs associated with property ownership. The discussion ultimately contrasts the stability offered by fixed-rate mortgages with the rising costs of renting, along with practical advice for those considering these two paths.