Rethinking Homeownership and Wealth Building

Homeownership may not necessarily lead to wealth as historically believed. The distribution of financial assets shows disparities with the bottom 50% investing in real estate and the top 10% in stocks and business ownership. Viewing housing as a speculative investment and a necessity blurs its role in wealth creation. People struggle to save, spending everything within reach, prompting the need for force savings mechanisms. Housing, in a way, acts as a force savings tool due to the fear of eviction, contributing to equity in the home.