Renter-Owner Wealth Gap Hits Record High as Housing Costs Soar

Housing has long been the primary wealth-building tool for middle-income American families, but surging home prices are locking more renters out of the market than ever before. The wealth gap between homeowners and renters has reached a record high. Analysts warn the trend risks deepening a generational divide, with younger and lower-income households unable to accumulate wealth through property ownership.