The other factor, as mentioned before, is the cost of owning a home. I can easily think of several thousands of dollars I've spent on my home that a renter never would have so the accumulated wealth is severely reduced with this factor. This is money that could have potentially been invested in something that would have caused it to be an even higher amount.
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"Those who can't remember the past are condemmed to repeat it".- George Santayana.
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