Homeowners Have a Huge Advantage Over Renters

from The state of the nation’s housing report 2021

JOINT CENTER FOR HOUSING STUDIES OF HARVARD UNIVERSITY

Homeowners have a huge advantage over renters. At last measure in 2019, the median wealth for homeowners was $254,900—more than 40 times the $6,270 median for renters. Even excluding home equity, the median wealth of owners was $98,500, or more than 15 times that of renters (State of the Nation’s Housing Report 2021, page 17).

Joint Center for Housing Studies of Harvard University

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