Turnr.com - Site Name Reserved - Expected: 34,700 USD
Description: Renter Wealth Creation Fund innovatively provides renters the wealth building opportunities traditionally limited to homeowners.
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The challenge : Homeownership is regarded as the traditional path to personal wealth. But as mortgage rates rise and home prices soar, homeownership is out of reach for too many. Left behind are nearly half of all households without a home-based wealth creation opportunity. i Consider if you’re a renter:
It’s no wonder that the average renter has 40x less wealth than a homeowner. ii The current system keeps sapping the individual’s wealth-building potential – depriving entire communities of upward mobility and perpetuating a racial wealth gap across generations. When over half of Black and Latino households are renters, it’s clear the system isn’t working for everyone. iii
Turnr.com - Site Name Reserved - Expected: 34,700 USD