3 reasons owners are richer

That sounds comprehensive, but also abstract. The study reads that what is meant is that home ownership is associated with a voluntary or at least implicitly desired obligation to save. In order to illustrate this effect, the saving behavior within the same income brackets was evaluated – separately for owners of owner-occupied living space (“owners”) and for tenants. This shows that “the savings rates of owners in all phases of life are always twice as high as for tenants of the same age and in the same income bracket,” writes study author Reiner Braun from Empirica.