The financial and tax benefits of owning a home vs. renting are very clear. Homeownership also provides many benefits to the family, children and the community, such as increased education for children, lower teenage pregnancy rate, and a higher lifetime annual income for children.


NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require a password.

Community Benefits  

Unconquerable? Homeownership and Local Political Participation (Devin Edwards, Apr. 9, 2020)

Homeownership Matters... to People, to Communities, and to the Economy (California Real Estate, 2018) E

The Benefits of Homeownership Mean We Should Still Believe in the American Dream (New Geography, Dec. 1, 2018)

How Homeownership Builds Individual and Community Wealth (Meeting of the Minds, Oct. 16, 2018)

Social Benefits of Homeownership and Stable Housing (National Association of REALTORS®, Dec. 2016)

Family Benefits 

Why Homeownership Is a Public Health Issue (Prosperity Now, Jun. 6, 2019)

The Health Benefits of Homeownership (Habitat for Humanity, Jan. 2019)

2019 Fall Homebuyers Report (Bank of America, 2019)

Mothers’ Homeownership and Children’s Economic Success 20 Years Later Among a Sample of US Citizens (Children and Youth Services Review, Apr. 2019)

Financial Benefits

How Homeowners Have Gained A Financial Advantage During the Pandemic (Marketplace, Sep. 10, 2020)

Key Elements of the U.S. Tax System (Tax Policy Center, May 2020)

Homeownership and Wealth Accumulation for Low-Income Households (Journal of Housing Economics, Mar. 2020)

Why Homeownership Should Continue to Be Incentivized by Our Federal Tax System (Rosen Consulting Group, Feb. 2020)

7 Tax Benefits of Owning a Home: A Complete Guide for Filing in 2020 (realtor.com®, Feb. 3, 2020)

Have You Been Dreaming of Becoming a Homeowner? (National Association of REALTORS®, Dec. 2019)

Homeownership and the American Dream (Journal of Economic Perspectives, Winter 2018) E

eBooks & Other Resources

Homeownership Education Series (Freddie Mac, 2021)

Home Ownership Matters (National Association of REALTORS®, 2021)

Benefits of Homeownership [Infographic] (National Association of REALTORS®, 2017)

Books, Videos, Research Reports & More

The resources below are available for loan through the Library. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call the Library at 800-874-6500 ext. 8272 for assistance.

Social Benefits of Homeownership and Stable Housing (National Association of REALTORS®, 2006 p. 16) HD 7293 N21

Low-Income Homeownership: Examining the Unexamined Goal (Brookings Institution Press, 2002)

The Economic Benefits and Costs of Homeownership (Research Institute for Housing America, May 2001)

Social Benefits and Cost of Home Ownership (Research Institute for Housing America, May 2000)

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