Benefits of Continued Home Ownership


Higher Academic Achievement in Children

One of the most important social benefits is that homeowners are more involved in their children's lives especially when it comes to schooling.  Homeowners move less and this stability adds to a child's success in school.

More Cohesive Communities

Homeowners spend more money to improve their homes and are more engaged in enhancing their community. 28% more likely to repair or improve home 15% more likely to vote 11% more likely to know who represents them in Congress 12% more likely to maintain a garden outside their home 10% more likely to report they have worked to solve local problems 9% more likely to know their school representative Live 4 X longer in a community

Better Connected Families

Home ownership builds stronger families that are less likely to have alcohol or substance abuse problems Home owners re more likely to belong to parent--‐teacher organizations, book clubs, etc.
Home owners are more likely to read newspapers, and more likely to attend a house of worship

Home Ownership Improves health and Safety

Home Owners report higher self--‐esteem and a higher degree of satisfaction and control over their lives
Home Owners enjoy better physical and mental health Home Owners have more incentive to deter crime

Home Ownership Fosters a Stronger Economy

A Home Owner's net worth is 45.9% higher than that of a renter

Home ownership creates jobs:

Remodeling, landscaping, pool service, furniture and appliance improvement to name a few Each home purchase generates as much as $60,000 of economic activity in the local area

Benefits of Continued Home Ownership

Higher Academic Achievement in Children

One of the most important social benefits is that homeowners are more involved in their children’s lives especially when it comes to schooling. Homeowners move less and this stability adds to a child’s success in school.

More Cohesive Communities Homeowners spend more money to improve their homes and are more engaged in enhancing their community. 28% more likely to repair or improve home 15% more likely to vote 11% more likely to know who represents them in Congress 12% more likely to maintain a garden outside their home 10% more likely to report they have worked to solve local problems 9% more likely to know their school representative Live 4 X longer in a community

Better Connected Families Home ownership builds stronger families that are less likely to have alcohol or substance abuse problems Home owners re more likely to belong to parent--‐teacher organizations, book clubs, etc.

Home owners are more likely to read newspapers, and more likely to attend a house of worship

Home Ownership Improves health and Safety Home Owners report higher self--‐esteem and a higher degree of satisfaction and control over their lives

Home Owners enjoy better physical and mental health Home Owners have more incentive to deter crime

Home Ownership Fosters a Stronger Economy A Home Owner’s net worth is 45.9% higher than that of a renter

Home ownership creates jobs: Remodeling, landscaping, pool service, furniture and appliance improvement to name a few Each home purchase generates as much as $60,000 of economic activity in the local area