A new analysis covering 250 U.S. cities concludes that homeownership was the more profitable financial choice over a 10-year period. The study's findings held true even under a scenario where a renter reinvested a potential down payment into the stock market.
The research examined metropolitan areas across the nation, though the specific cities were not named in the source. The broad geographic scope suggests the wealth-building advantage of buying over renting is not confined to a few high-growth markets.