The Publication of Habitat for Humanity International | January 2005 |
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Research Demonstrates Benefits of Homeownership In its drive to share information about housing issues and develop leaders who will guide Habitat for Humanity's effort to rid the world of shacks, Habitat for Humanity University sponsors a lecture series whose speakers include leading thinkers and practitioners in the areas of leadership, affordable housing, philanthropy, public policy and community development. Donald Haurin, professor of economics, finance and public policy at Ohio State University, visited HFHI's headquarters in Americus, Ga., to deliver the series' second lecture entitled "The Private and Social Benefits of Homeownership."
As more and more studies are funded and completed, Haurin says the consequences uncovered with the "most confidence" are wealth effects, the impact on the home environment, geographic stability, the effects on children and the effects on self-esteem. Another positive outcome of homeownership, Haurin says, can be stronger neighborhoods because families feel more connected. Children have better academic performance because their housing situation is more stable, they miss fewer school days, and they can more easily establish a network of friends--as opposed to their counterparts whose families are frequently moving and thus less likely to establish strong ties in one particular location. A much-respected scholar in the area of homeownership and its consequences, Haurin quantifies through research many of the benefits of owning a home. In his lecture, he addresses not only homeownership in general, but also Habitat homeownership in particular. |
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