The Hidden Value of HomeOwnership

Owning a home doesn't just help you build wealth.  It also impacts your life and your children's lives.  Here are some of the specific benefits homeowners may enjoy over renters:

• Homeowners are healthier and live longer.
• Owning a home reduces the likelihood of divorce.
• Homeowners are less likely to suffer from depression.
• City homeowners are less likely to be victims of crime.
• Children of homeowners are likely to earn more over their lifetimes.
• Children of homeowners have significantly lower teen dropout and pregnancy rates.
• Homeowners are more likely to be involved in neighborhood groups.
• Homeowners have a better understanding of politics and are more likely to vote.

Sources: National Association of Realtors, Journal of Epidemiology and Community Health