Home Ownership And Family Health!

If you care about your family, I would suggest that you read this article:

"Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Home ownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes."

The National Association of Realtors has released an independent study of the effects of home buying on a families over all health and wellness.


The study reveled many interesting insights, these are the top findings:

  • There is a strong positive relationship between living in poor housing and a range of health problems, including respiratory conditions such as asthma, exposure to toxic substances, injuries and mental health. Homes of owners are generally in better condition than those of renters.

  • Findings reveal that increases in housing wealth were associated with better health outcomes for homeowners.
  • Low-income people who recently became homeowners reported higher life satisfaction, higher self-esteem, and higher perceived control over their lives.

  • Homeowners report higher self-esteem and happiness than renters. For example, homeowners are more likely to believe that they can do things as well as anyone else, and they report higher self-ratings on their physical health even after controlling for age and socioeconomic factors.

  • Renters who become homeowners not only experience a significant increase in housing satisfaction but also obtain a higher satisfaction even in the same home in which they resided as renters.

  • Social mobility variables, such as the family financial situation and housing tenure during childhood and adulthood, impacted one's self-rated health.

  • Homeowners have a significant health advantage over renters, on average. Homeowners are 2.5 percent more likely to have good health. When adjusting for an array of demographic, socioeconomic, and housing-related characteristics, the homeowner advantage is even larger at 3.1 percent.

    People are always talking about the financial benefits that come from owning your own home, but now we know that is not all! We can see that there are clear social and emotional benefits to be gained as well.

Your local Real Estate Expert in Germantown, Menomonee Falls, Milwaukee, Richfield and all of the surrounding areas. You now have free access to Germantown WI Ultimate Real Estate Search Engine! Google, Call or Text me Today and let’s discuss how I can help YOU!  Jerry Grosenick – 262-573-9334

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