Social Benefits of Homeownership
The National Association of Realtors completed a review of academic research on the benefits of homeownership. Obviously there was an agenda but according to the study the following are a few of the social benefits that stem from homeownership.
*Higher educational performance and better behavior of children
*Lower community crime rates
*Lessened welfare dependency among households
*More household participation in civic affairs
*Better household health.
See NAR’s Social Benefits of Homeownership and Stable Housing
