Being a homeowner is more than just having a roof over your head. Home ownership instills a feeling of comfort, security, stability and pride.
However, in addition to these important benefits are substantial social benefits for families, communities, and the country as a whole. A few of these benefits are:
- Higher Academic Achievement
- More Cohesive Communities
- Better Connected Families
- Improved Health & Safety
- Stronger Economy
One of the most important social benefits of home ownership is how it affects the children and their academic achievement. Several studies show that there is direct correlation between home ownership and educational achievements. Time and time again, it has been proven that home owners are more involved in their children’s lives, especially when it comes to schooling. Better social outcomers arise as parents provide a more supportive environment for their children.