2020 Homeowners vs Renters: A Financial Wake-Up Call

Do you want to know the difference between someone who bought a house in 2020 versus
someone who rented a home in 2020? So for the buyers that bought a home in 2020 for about
$300,000, it’s probably worth about $450,000 today versus the renter who’s renting for about $2,000
a month for the last five years is out of pocket about $120,000 versus the homeowner that has a
gain of $150,000. So that difference, guys, is $270,000. By making one choice, one person chose to
buy and one person chose to rent.