Renting, Home Ownership and the Accumulation of Wealth

  • October 18, 1987
  • • Written by: Michael T. Bond Linda M. Stillabower

Fall/Winter 1987, Vol 12, No 2

Abstract: This article challenges the assertion that investment in home ownership is one of the best ways for an individual or family to increase its real net worth over time. The article demonstrates that, under a reasonable set of assumptions, renting actually may enhance individual or family wealth over time.