Most Replayed Moment: Is Renting Keeping You Poor? What's The Actual Cost Of Home Ownership? David Bach
Sep 18, 2026 · 19 min
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EP · The Diary Of A CEO with Steven Bartlett · Most Replayed Moment: Is Renting Keeping You Poor? What's The Actual Cost Of Home Ownership? David Bach18:48
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0:04This is one of the hot topics of conversation we've had on the show several times is many of my guests that are sort of financial advisors say that owning a home is a bad investment.
0:14I think from what I understood from the research and from reading your books that you feel differently.
0:19about that.
0:19Yeah, I mean, I couldn't feel more differently.
0:22When we look at where is wealth created in the United States and also abroad, it's in two places.
0:29It's in home equity and it's in the stock market.
0:33So when you look at housing and you take someone who owns a home and we'll talk about it, I know it's hard to buy homes right now.
0:40But when you look at people who own a home
0:44Homeowners in America, follow this for one second.
0:47Homeowners in America are worth 40 times more than renters.
0:53So the average homeowner in America today is worth over $400,000.
0:59But this doesn't establish causation.
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