The Difference Between Renting and Owning [INFOGRAPHIC]

<article class="post-198223 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-198223"><span class="entry-date">February 25, 2022</span><div class="entry-header center-block text-center"><h1 class="entry-title">The Difference Between Renting and Owning [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=The+Difference+Between+Renting+and+Owning+%5BINFOGRAPHIC%5D&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fthe-difference-between-renting-and-owning-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<h3><strong>Some Highlights</strong></h3>
<ul>
<li>If you’re deciding whether to rent or <a href="https://www.simplifyingthemarket.com/2022/01/31/owning-is-more-affordable-than-renting-in-the-majority-of-the-country/?a=712984-fa409495d5d70154d03a25e81e9540e2">buy</a>, consider the many <a href="https://www.simplifyingthemarket.com/2022/02/21/real-estate-voted-the-best-investment-eight-years-in-a-row/?a=712984-fa409495d5d70154d03a25e81e9540e2">financial benefits</a> that come with owning a home.</li>
<li>As a renter, you build your <a href="https://www.simplifyingthemarket.com/2022/01/04/avoid-the-rental-trap-in-2022/?a=712984-fa409495d5d70154d03a25e81e9540e2">landlord’s wealth</a> and face <a href="https://www.census.gov/housing/hvs/files/currenthvspress.pdf">rising costs</a>. As a homeowner, you build your own <a href="https://www.simplifyingthemarket.com/2021/12/21/the-average-homeowner-gained-56700-in-equity-over-the-past-year/?a=712984-fa409495d5d70154d03a25e81e9540e2">net worth</a> and can lock in your <a href="https://www.simplifyingthemarket.com/2022/01/11/why-inflation-shouldnt-stop-you-from-buying-a-home-in-2022/?a=712984-fa409495d5d70154d03a25e81e9540e2">monthly payments</a> for the length of your loan.</li>
<li>If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership.</li>
</ul>
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