Renters Win, Home Owners Lose: Revealing the Biggest Scam in America

Tom Graneau

Sep 2013 · AuthorHouse

About this ebook

Home ownership has been widely regarded as the best financial investment in the pursuit of wealth accumulation. Americans believe that the appreciated value of a home provides a great hedge against inflation, giving homeowners an opportunity to make a profit when they sell the property. Today, two-thirds of American families own their homes. Nearly 80 percent of the 78 million baby boomers are homeowners. Many of them have bought and sold several homes. Yet close to 90 percent of American families are broke. Nothing consumes more of our hard-earned money than home ownership. What if this popular, best investment choice is nothing more than a dangerous dream? Is home ownership simply a huge economic scam designed to keep buyers broke? Could homeowners be working to pay a mortgage that make their lenders rich while they stay poor? What if home equity is only an illusion? Could renters be in a better financial position than those who own their home? Renters Win, Homeowners Lose: Revealing The Biggest Scam In America is a bold approach in unraveling the long-term financial reality of home ownership in America. The book compares buying a home to renting and reveals that renters clearly have tangible, financial advantages over the majority of homeowners. Renters can truly be winners! Tables and models are used throughout the book to poignantly demonstrate that most homeowners receive no more than a zero percent return on their investment, and many lose money in the deal. Renters Win, Homeowners Lose: Revealing the Biggest Scam in America will get you to rethink the way you view home ownership versus renting. The book is a thought-provoking masterpiece.

About the author

Tom Graneau is the author of Are You Financially Checkmate? and founder of the Uncommon Language of LifeTM. As a financial coach, he has conducted extensive financial counseling and workshops for various groups, including those in the military. He now focuses on a comprehensive view on life, providing education that enhances the general well-being of individuals and families. Today, Tom and his wife, Sharon, reside in Temecula, California. For additional information, please visit his website: www.tomgraneau.com.