Owning a home is a topic that has been a cornerstone of the American Dream and a key aspect of wealth-building for generations. Many people believe that purchasing a home is a surefire way to accumulate wealth. While homeownership can indeed be a valuable asset and a path to financial security, it’s essential to examine the nuances, benefits, and potential drawbacks associated with this belief. In this essay, we will explore the relationship between homeownership and wealth-building, dissect the mechanisms involved, and consider the broader economic and personal factors that come into play. Understanding Homeownership and Wealth Building: Homeownership is…