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Home Ownership and Success

Tuesday, May 25, 2021   /   by Explore Homes In Florida

Home Ownership and Success

Success follows homeowners.
Homeownership is often thought to be a big part of the so-known "American Dream". A study, written by William M. Rohe, Shannon Van Zandt, and George McCarthy - Harvard University, showed how well-connected homeownership, high self-esteem, and success are. See, when someone buys a real estate property, they see their investment flourishing as soon as they lay hands on the keys, on the other hand, paying rent is proven to lower motivation and self-esteem since renters see their income simply vanishing into the landlord's pockets. Now let's take a look at how life-improving owning a house can be.

Respectable and homeowner, same thing.
Before becoming a homeowner, usually, everyone must go through a realty process which includes proving to the lender and loan officers you are an individual worthy of their trust. Every borrower must show his/her integrity, responsibility, self-awareness, and more than anything, commitment. Being eligible to take such a huge step means you are most likely also worthy of other's respect; this feeling will sky-rocket your self-esteem and thus, as the law of attraction states, success will follow

Homeownership and life satisfaction
Life satisfaction can be measured by one's contentment with their overall life situation and achievements along the way. Buying a house is one of the most common goals in America, so of course, that feeling the weight of those keys in your hands will certainly make you feel accomplished, proud, excited and so much more.

Homeowners also seem to find satisfaction when maintaining or performing improvements to their homes, while renters are less inclined to invest as much time and energy where they live considering they will eventually move.

Some say that owning a house can also have a not so colorful side; however, more than 60% of homeowners stand by their decisions and state to feel an "ease" just for knowing that they have something to leave to their family, that has to count for something.


In any case, owning a place to call home we would say is rather priceless.

 


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