Does Homeownership Increase Happiness?

Happiness is often considered to be cheerful, thriving, gay, content, generally happy, and the good life. Many studies on happiness also combines the concept of meaning and sense of the value of happiness. How are real estate professionals, bankers and title representatives to correlate their activities to increase the happiness of its customers? Happiness is a very subjective term. Waste of a man could be another man's treasure. How can generalize the notion of happiness when everyone puts different values win individual terms, events and achievements? Especially when you take into account the different stages of life such as adolescence, adulthood and retirement to name a few. Not to mention the emotional stability of her life from the events of life evolving as the birth of a child, divorce or death of a loved one.

Much happiness Ratings online the happiness levels in a statistical scale (like 1-4). People Oprah Winfrey test Happiness rating their happiness in ten categories, including: (1) self, (2) relationships, (3) the work, (4) attitude, (5) recognition, (6) forgiveness (7) Humor (8) health (9) spirituality, and (10) now. The "Pride of home ownership" or the "American Dream" can be perceived by an individual: (1) self, (2) attitude, (3) recognition, and (4) Each individual now. You can have a different value or importance of owning a home. Oprah happiness Assessment concludes that to increase happiness must know yourself and increase your happiness, you must follow your passions. But how can you generalize a concept like happiness based on circumstances and personal attitudes.

Let's look at something more concrete, such as the effects of property in the United States. The National Association of Realtors (NAR) said, there are many benefits to home ownership. The benefits that directly affect families include: (1) increased participation of school and higher academic performance in children, (2) lower teen pregnancy of greater parental involvement, (3) Health would the happiest in the income levels of education and higher incomes, and (4) people increased capital and wealth accumulation responsible home maintenance (NAR, 2012). The benefits of the property that affect the community include: (1) the decrease in the crime rate more community participation in crime prevention programs, (2) welfare dependency increased by less parental involvement and (3) increased stability and commitment to the community (civic participation).

Pessimists might conclude that the benefits are the result of selfish owners. The owners naturally want their property to enjoy and the best way to ensure that property values winces is to be more involved in their communities. Whereas the optimist might infer that the stability of home ownership and financial benefits effects encourage and assist citizens to get involved in their communities. NAR said the increase in charitable activity, civic engagement, a greater understanding of the political process, raise taxes, and greater socialization and attachment to their neighborhoods were all results of the property. Volunteering and charitable giving can increase the happiness of the owners and the communities of general happiness.

The positive effects of homeownership include: (1) civic pride, (2) a decrease in crime, (3) community involvement, (4) an assessment of the property, and (5) increase the tax revenue. Homeownership is clearly critical to the satisfaction and well-being of a community.

conclusion

There are many documented cases of real estate professionals to help buyers in the process of appropriation personal and community benefits. Buyers Help creates wealth, pride, community involvement, build family stability, education improves performance, reduce dropout rates, improve health, decrease crime and increase income tax for high-level tenants appreciation . Homeownership is the precursor of residential stability, increased community participation and greater involvement of parents and are likely underlying factors the benefits described above. Connecting the social benefits of home ownership for the general welfare of the community is another way to assimilate the statistical results of the property to happiness. The real estate community can be in the business of selling and financing homes, but are also an important contributor to happiness in our communities. Perhaps, to understand the real implications of our occupations will make us happier ALL.
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