Renting Forever and Trying to Create a Strong Financial Future
Either by choice or because they are priced out of the market, many people plan to never stop renting. Building wealth without home equity requires a different mind-set.
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![Michael and Christy Rogers in the clubhouse of their apartment complex in Kingsport, Tennessee.](https://static01.nyt.com/images/2024/05/19/multimedia/19renting-forever-02-vwzf/19renting-forever-02-vwzf-thumbLarge.jpg?auto=webp)
![Michael and Christy Rogers in the clubhouse of their apartment complex in Kingsport, Tennessee.](https://static01.nyt.com/images/2024/05/19/multimedia/19renting-forever-02-vwzf/19renting-forever-02-vwzf-videoLarge-v2.jpg?auto=webp)
Either by choice or because they are priced out of the market, many people plan to never stop renting. Building wealth without home equity requires a different mind-set.
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You may feel richer as you pay your mortgage down and home values go up. Using that equity is another matter entirely.
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The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
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Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.
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Disneyland Character Workers at California Park Vote to Unionize
The vote determined whether 1,700 workers who play characters such as Mickey and Minnie Mouse and who dance at parades could join the union representing other workers at the park in Anaheim, Calif.
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The Night That Sotheby’s Was Crypto-Punked
The auction that was supposed to be an art world coming-out party for NFTs instead exposed the instability at the heart of the crypto world.
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Managing an Inheritance: When ‘Mom’s Money’ Becomes Yours
A sudden windfall while grieving can be an emotional minefield, particularly for younger adults. Experts share ways to handle it wisely.
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A Loss at Mercedes-Benz Slows U.A.W.’s Southern Campaign
After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize Southern factories.
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What’s BlackRock Without Larry Fink? Shareholders Fret About Future.
Investors in the world’s biggest asset manager are asking how much more room it has to grow and who will drive that growth once its chief executive retires.
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