As anyone who's ever played Monopoly knows, homeownership helps build wealth over time (er, if it doesn't bankrupt you). It's not through any kind of financial alchemy or anything. It's just that, at some point, instead of circling around the board and owing rent everywhere you land, scraping by until you pass Go and collect a paycheck, you'll eventually own something. Maybe you'll be the one collecting rent on St. James Place.
from Apartment Therapy | Saving the world, one room at a time http://www.apartmenttherapy.com/the-key-to-buying-a-home-be-a-white-college-graduate-251432
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