 Homeowners just don't understand how people get rich renting. Why is it that 66% of people own homes but only 1% are rich? And why does Warren Buffett say that he would have made more money if he was renting? I'm going to use simple math that even a homeowner can understand. It can't get any simpler than this. You know where rent is cheaper than owning? Everywhere. But I'll use a real life example. I know that there are people who need to rent. But the people who are choosing to rent are doing it because they know they'll end up richer. This home just rented for $3,300 a month.