-6.3 C
Ottawa
Saturday, December 20, 2025

‘Hidden Costs’ of Homeownership Raise Questions About the Value of Buying a Home

Date:

‘It catches many homeowners off guard,’ home finance expert Linda Bell said.

A house provides shelter, comfort, and security—and when lived in long enough, it can become a home. 

And for most Americans, houses are also the most valuable asset they possess, according to a 2024 Federal Reserve report. Home equity provides a lasting source of wealth that they can pass on to their children.

About the author: Kevin Stocklin
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Wall Street Review: Stocks End Week Mixed Amid Bulls-Bears Tug of War

Traders work on the floor of the New York...

Visa, Mastercard to Pay $167.5 Million to Settle ATM User Fee Lawsuit

Several Visa and Mastercard credit cards are shown in...

Las Vegas Locals Say Hidden Fees, Less Value Are Driving Away Tourists

|December 19, 2025Updated:December 19, 2025LAS VEGAS—Lately, Andy Zimmerman has...

How Major US Stock Indexes Fared Dec. 19

Stocks gained ground on Wall Street as AI stocks...