An Affordable Path to
Home ownership is a key wealth driver.
So if you are asking the question... Why buy? Here are reasons why.
Your home will continually increase in value over time. Reasons? Time Value of Money; Increased Demand; Inflation; Or Interest Rates.
Because real estate assets are far more stable than other asset classes.
Source of Leverage
Your property is an Excellent source of collateral. Stored Equity on your property can be released to fund business ventures or exigent expenditures.
Paying off the balance of a mortgage every month is a forced savings mechanism that builds equity at the same time. When the mortgage is up, you have something to show for it: Ownership of a house that you can sell.