The sharp recession in 2007-8 and the astronomical rise in home prices in the last two years have industry analysts wondering if home ownership is still a viable route to greater wealth in the United States.

Recent research has come up with an answer -and it’s a resounding YES!

According to The Center for Responsible Lending the median net worth of homeowners in 2013 was $195,400, while the median net worth for renters was $5,400.

Moreover, experts point out that the “forced savings” in owning a home are a huge factor in providing homeowners with more wealth than renters.

The conclusion: while home ownership certainly entails real financial risks, home ownership is still a viable method for accumulating wealth.