Benefits of Homeownership
Habitat for Humanity believes that homeownership is the vehicle for positive change in our community. Homeownership provides a broad range of benefits to individual homeowners, children of homeowners and the community at-large.
Homeowners are more likely to participate in local organizations, vote, and stay in the neighborhood for a longer period of time. They are also more satisfied with their home and neighborhood than renters.
Children of Homeowners
* Enjoy higher rates of educational success, including graduation rates and post-secondary education.
* Experience fewer behavioral problems than children living in rental situations.
* Are more likely to earn more and less likely to rely on welfare.
* Experience a better social environment, both in their homes and neighborhood.
Children of homeowners are more likely to become homeowners themselves.
For a full report detailing these benefits, please visit the Joint Center for Housing Studies at Harvard University.