You'd Expect Homeowners to Save Their Stuff. Federal Policy Pays Them to Leave It Homeownership has long been touted as a key driver of wealth creation in the United States.
A steady income stream, equity growth over time, and tax benefits all contribute to this notion.
However, there's an aspect of federal policy that contradicts this conventional wisdom: it incentivizes homeowners to preserve their property value rather than tapping into its potential as a liquid asset.