The Big Difference Between a Homeowner’s and a Renter’s Net Worth

by Gema Smith 06/09/2025

 

Some Highlights

  • Homeownership is one of the best ways to build wealth in our country and it’s easy to see why.
  • As you pay down your mortgage and as home values rise over time, you gain equity – and that helps grow your net worth. That’s why a homeowner’s net worth is nearly 40X greater than a renters.
  • But you should only buy a home when you’re ready and able to do it. If you want to build a plan to get there, let’s connect.​
About the Author
Author

Gema Smith

Gema S. Smith has been an influential pioneer in the luxury real estate industry for over 30 years. With a reputation for providing first-class service and garnering impeccable results for her clients, Gema’s accomplishments have earned her mentions in San Jose Magazine as well as two State of California Senate Certificates of Recognition.