Search online for the topic "benefits of home ownership" and you will find many related articles. Sources range from the National Association of Realtors, economist commentaries and Habitat for Humanity.
They all list the many benefits to the individual and society that result from home ownership.
Following are just a few of those benefits:
• Homeowners take on a greater responsibility in the community, such as home maintenance.
• Membership in voluntary organizations and church attendance increase.
• Civic participation in both local community and national issues (including voting) go up.
• Homeowners have been shown to have a greater attachment to the neighborhood and neighbors, and increase their charitable activity.
• Homeowners are three times likely to own a business than renters.
The financial benefits to home ownership are huge. Putting money into something you own rather than giving it to a landlord, as well as the tax deduction, have great benefits.
Homeowners also support many businesses in the course of maintaining their homes, which is good for the economy in general.
They all list the many benefits to the individual and society that result from home ownership.
Following are just a few of those benefits:
• Homeowners take on a greater responsibility in the community, such as home maintenance.
• Membership in voluntary organizations and church attendance increase.
• Civic participation in both local community and national issues (including voting) go up.
• Homeowners have been shown to have a greater attachment to the neighborhood and neighbors, and increase their charitable activity.
• Homeowners are three times likely to own a business than renters.
The financial benefits to home ownership are huge. Putting money into something you own rather than giving it to a landlord, as well as the tax deduction, have great benefits.
Homeowners also support many businesses in the course of maintaining their homes, which is good for the economy in general.