{"id":185,"date":"2019-10-09T15:25:01","date_gmt":"2019-10-09T15:25:01","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=185"},"modified":"2019-10-09T15:25:03","modified_gmt":"2019-10-09T15:25:03","slug":"homeownership-is-the-top-contributor-to-your-net-worth","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/homeownership-is-the-top-contributor-to-your-net-worth\/","title":{"rendered":"Homeownership is the Top Contributor to Your Net Worth"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist<\/em> Jonathan Eggleston and Survey Statistician<\/em> Donald Hays, both of the U.S. Census Bureau,<\/em> shared<\/a> the biggest determinants of wealth,<\/p>\n\n\n\n

\u201cThe biggest determinants of household wealth [are] owning a home and having a retirement account.\u201d\u00a0<\/em><\/strong>(Shown in the graph above<\/em>).<\/p><\/blockquote>\n\n\n\n

This does not come as a surprise, as we often mention that homeownership<\/a> can help you to increase your family\u2019s wealth<\/a>. This study reinforces that idea,<\/p>\n\n\n\n

 \u201c<\/em>Net worth<\/em> is an important<\/em> indicator of economic well-being and provides insights into a household\u2019s economic health.\u201d<\/em><\/p><\/blockquote>\n\n\n\n

Having equity in your home can help your family move in that direction, building toward substantial financial growth. According to the report noted above, people are not only creating net worth in the homes they live in, but many are also earning equity in rental property investments too. (See below):<\/em><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

John Paulson said<\/a> it well,<\/p>\n\n\n\n

\u201cIf you don\u2019t own a home, buy one. If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.\u201d<\/em><\/p><\/blockquote>\n\n\n\n

Bottom Line<\/strong><\/h3>\n\n\n\n

There are financial and\u00a0non-financial<\/a>\u00a0benefits to owning a home. If you would like to increase your net worth, let\u2019s get together so you can learn all the benefits of becoming a homeowner.
<\/p>\n\n\n\n

Contact us:
PHP Houses<\/a>
142 W Lakeview Ave
Unit 1030
Lake Mary, FL 32746
Ph: (407) 519-0719
Fax: (407) 205-1951
email: info@phphouses.com<\/a><\/p>\n\n\n\n

Let’s Connect:
Facebook<\/a>
Linkedin<\/a>
Twitter<\/a>
Instagram<\/a>
<\/p>\n","protected":false},"excerpt":{"rendered":"

Many people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, \u201cThe biggest determinants of household wealth [are] owning a home and having a retirement account.\u201d\u00a0(Shown in the graph above). This does… Finish Reading Homeownership is the Top Contributor to Your Net Worth<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[38,15,10,18,27,32,9,40,46,20,24,13,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/185"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=185"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/185\/revisions"}],"predecessor-version":[{"id":188,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/185\/revisions\/188"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}