Homeowners report greater financial satisfaction

Homeowners report higher financial satisfaction than non-homeowners despite rising housing costs, with 68% satisfied versus 47%. However, 42% of homeowners still live paycheck to paycheck, compared to 61% of non-homeowners. Buying a home by age 30 is linked to a 22.5% higher net worth by age 50. Excessive housing costs, even at 30-40% of income, can limit saving and other financial goals.