ADVANTAGES OF OWNING A HOME 1. Building Equity (Wealth Creation) When you own a home, each mortgage payment builds equity—your ownership stake in the property. Unlike rent, which goes to a landlord forever, homeownership turns your monthly payment into a long-term asset. 👉 Over time, this equity can be used to: Buy another property Start a business Fund education Build generational wealth 2. Appreciation Over Time Historically, real estate increases in value over the long term. While markets ma