The Impact of Homeownership on Family Health

Home / Blog / The Impact of Homeownership on Family Health

The Impact of Homeownership on Family Health

The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans:

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

Today, we want to cover the section of the report that quoted several studies concentrating on the impact homeownership has on the health of family members. Here are some of the major findings on this issue revealed in the report:

  • 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.

Bottom Line

People often talk about the financial benefits of homeownership. As we can see, there are also social benefits of owning your own home.


5e5b1fda 67d8 4091 aacb 0fdaf3b18213 0bcd5d3a 32a4 4670 ba7f 8b0511f7d593 e270114c 78e7 4802 b5b9 cab99f4e3006 a6bb00fc 7777 4a3b 9064 3899e5f2a53a f4c8ee2b c992 4770 89e0 0920b29f2e0b e62ee7fe a0a6 4fbf 9c17 c5aa4e81a976 3221a98a 6ba2 4d54 bd83 e7889edd58b8 2f8b60a6 0b04 4048 b7d6 04f16431f3ab 024ce84f 0f4a 46aa 9396 724e7dfcc8ad 1b7ff566 dcf3 4dd3 99aa 479a5a552744 54bc4bd7 0445 47b5 a361 f479a09aa4c8 497f4614 d29f 4a1f 8dad cb26e555d26d 9b083ae6 ab8d 4a4d bbb0 05be5f5b7560 39dc4ccd 3ac9 4291 90fd 52275764c457 f06db753 002f 4272 ad1c f799b56fe1a3 d86fa063 a904 4132 a56c 70d9dc821e56 2bbdc6bb e8fb 46b5 8d59 571705f77e31 7df9e9a2 6b7c 4fff bfdb 484392768ee9 a032384a 120a 4680 9b71 c1c1a41d452b e0a3a5be 5c77 4254 9e7e 58cba978e538 33b851e0 a312 445a bdbf fa72cdfe47d3 8bc2603a cdc9 45af b5e7 d8b9baf05f6e 21a9957a 7d06 4bc1 b583 41a4b4197823