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Tuesday, June 14, 2011

Why Home Ownership is Good for the Economy?

Historically, home owners’ net worth has ranged from 31 to 46 times that of renters.
A fixed-rate mortgage might not change for 15 to 30 years; rent typically increases 3% per year.
Every home purchased pumps $60,000 into the economy.
So, you still want to rent?

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