Since the start of our nation, Americans have worked to own their own land and moreover their own home. Our nation is only a few in the world that this is possible. It is a privilege granted to anyone who wants it; not a birthright, and not for only the rich.
My goal is to help everyone I come in contact with to make this dream a reality.
In the past, it was much easier to attain, but now with the credit and housing crunch there are many hoops you must jump to make it to home ownership.
As seen below;
There have been some who have voiced doubt as to whether or not the younger generations still consider buying a home as being part of the “American Dream”. A recent by puts that doubt to rest. According to their research, every living generation still maintains that owning a home is in fact important. Here are the numbers:
This should not surprise us as many studies have revealed the benefits enjoyed by the families who own their own home. One such was done by the that addressed a major financial benefit to owning your own home: forced savings.
The report explains:
The study proves this point with the following data on home equity (a form of savings):
There are many reasons that owning a home makes sense. The financial reasons are powerful.
As one participant in the study put it:
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