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2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter

October 26, 2015 8:42 am

2016: Homeowner’s Net Worth Will Be 45x Greater Than a Renter | Simplifying The MarketEvery three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).