A report by the National Association of Realtors identifies homeownership’s numerous social benefits. The report, “Social Benefits of Homeownership and Stable Housing,” cites extensive research showing that homeownership increases civic participation, lowers crime rates and boosts children’s educational performance.
Among other items, the study concludes that owners of real estate:
- Have a lower move rate than their renting counterparts.
- Greater community involvement and awareness.
- Positive impact on educational achievement .
- Less likely to become crime victims.
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Originally posted on West Linn Real Estate.