Homeownership doesn’t build wealth, study finds

Households are better off taking control of their finances than relying on fluctuating home values.

The homeownership rate is still hovering near its record low, yet demand has been steadily rising.

Nationwide, since the recession, there have been two distinct housing markets.

By Diana Olick | CNBC

Owning a home may help you save money, but it won’t help you make money.

Households are better off taking control of their finances than relying on fluctuating home values. That is the finding of a new study conducted by Florida Atlantic University, Florida International University and the University of Wyoming.

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November 17, 2017

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