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  

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)

Wealth Beyond Equity (Best in American Living, Fall 2017)

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

Are Homeowners Better Citizens? Homeownership and Community Participation in the United States (Social Forces, Mar. 2013) E

Family Benefits 

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

CSUSB Study Says Homeownership Leads to Higher Education and Lower Crime Rates (Inside CSUSB, Mar. 24, 2017)

Homeownership and the Achievement Gap (Corey Bower, Oct. 14, 2014)

Measuring the Benefits of Home owning: Effects on Children Redux (Research Institute for Housing America, Aug. 2012)

Financial Benefits

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)

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

7 Tax Benefits of Owning a Home: A Complete Guide for Filing Now and Next Year (realtor.com®, Feb. 18, 2019)

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

5 Big Financial Benefits of Home Ownership (moving.com, Aug. 22, 2018)

8 Reasons to Buy a Home (the balance, Jul. 7, 2018)

Homeownership is Still Financially Better than Renting (Urban Institute, Feb. 21, 2018)

eBooks & Other Resources

Homeownership Education Series (Freddie Mac, 2019)

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.

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

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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