New Rockford Transcript - Official Newspaper of Eddy County since 1883

Buy a home! You'll benefit - but be miserable


July 8, 2019

Why do I want more Americans to buy homes? Because misery loves company.

The Wall Street Journal reports most American renters believe homeownership is financially out of their reach - only 24 percent say it's "extremely likely that they would ever own a home, 11 percentage points lower than four years ago," according to a Freddie Mac survey - and that isn't good for our country.

Look, homeownership brings many benefits.

For starters, homeowners' net worth is higher than renters' - for the simple reason that mortgage payments, unlike rent payments, eventually build thousands of dollars in e...

For access to this article please sign in or subscribe.


Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019

Rendered 08/03/2019 12:17