According to one self-made millionaire, it’s not buying a house. (A message we can get behind!)

In a recent interview with CNBC, David Bach said buying a home is “an escalator to wealth.” Why? In part, because Bach attributes a large part of his wealth to his investments in real estate and believes homeowners are 38 times wealthier than renters.

“Millennials — and first-time homebuyers in general — should never just assume they can’t afford a home. The first step to owning a home is knowing HOW you can DO IT. 

If you’d like more information about home buying versus renting, or just want to chat about real estate, give us a call. We’d love to hear from you.