why it makes more sense now to own a home more than ever

when you own your home , you are building wealth by owing equity in your home

when you rent , you are paying money to make someone else rich

while it is okay to rent for a short while ( say due to your financial circumstances ) , most people realize that your own home is what will build a big portion of your wealth

while a lot of conditions like a perfect credit score , 20 % down payment and no debt used to apply earlier , banks are now being more flexible on these

inflation , the fact that the supply of homes is falling and low financing rates are causing people to take the plunge into the real estate market