Generational Wealth

Appreciation

Appreciation is the increase in your homes value over time.  There's a good chance you can sell your home for a profit in the future.
 

Build Equity

Every payment to your mortgage brings more ownership of your home.  This is a big benefit over renting.
 

Savings

Every month you make a payment towards your loan you add a building block towards your future.  Sometimes called "Forced Savings".