Politicians often claim that homeownership has benefits for the resident household, the neighborhood, the community and the nation. Increasing the homeownership rate has been a goal of recent federal administrations in the United States. Governmental intervention in the housing market has been substantial and has included tax subsidies for homeownership, lowered payment requirements and encouragement and support of non-profit organizations.
None of us associated with Habitat for Humanity would disagree with those who believe that homeownership has widespread benefits. As you know, the challenge is proving it.
In his lecture, Dr. Haurin highlights research focused on analyzing the benefits of homeownership. This area of research includes new studies that measure the short-term and long-term benefits for children of homeowners. Encouragingly, the research indicates that the positive effects on children are sizable.
Dr. Haurin also presents research that addresses topics such as household wealth accumulation, geographic stability, home maintenance, social and political involvement, level of environmental awareness, employment and risk.
The lecture concludes with a discussion of current research on the neighborhood effects of homeownership and its policy implications.
Why does this research matter to Habitat for Humanity?
Solid research generates strong data from which confident conclusions can be drawn. The research Dr. Haurin discusses provides tremendous support to anyone charged with promoting and sustaining programs that encourage homeownership.
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