Homeownership as an Investment

Homeownership as an Investment

“Renting can make sense as a lifestyle choice or because of income
constraints. As a means to building wealth, however, there is no practical substitute for homeownership.” - “Homeownership and Wealth Creation,” editorial in The New York Times*

Typically, the purchase of a home is the largest or one of the largest financial transactions of one’s life, and has often been a very good or even spectacular investment, especially over the longer term.

Below are some of the reasons why this has often been the case:

Long-term home-price appreciation trends: January 2000 – December 2022, the national house price appreciated approximately 197% according to the S&P CoreLogic Case-Shiller Home Price Index vs. a consumer-price inflation rate of approximately 70% to 75%.** (Appreciation rates vary widely between different markets and over different periods of time – some metro areas saw higher or lower rates, and the calculation depends on the exact period being measured.

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Work With Us

Jessie Lee Team has over 20 years of combined experience in the bay area helping clients for selling, buying, renting. We know about the SF market trends so we can provide accurate information to the buyers/sellers/landlords. Quick to respond, accurate information, getting into the contract within 1-3 months and selling it what the seller wants to achieve at. If you are buying or selling, please contact [email protected] to set up a zoom meeting or call/text at (415) 518-6402.

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