The average homeowner has a net worth that is 30x greater than that of the average renter according to the Federal Reserve. Let that sink in. In most cases, it’s better to buy than to rent. Our primary message to buyers is: Spend as little as possible on safe housing. Why spend as little as possible? Because your primary residence is still a liability – not an asset. Until your home is paid off, it costs you money every month. Homeownership keeps your costs the same over a long period, allowing you to avoid rent hikes and keep more of your hard-earned money.