Yes, because home ownership brings substanital benefits for families, communites and the country.  There are tangible benefits of being a home owner, such as the  financial benefit of the home building equity, plus develping our own economic foundation for our families future.  Research shows that home owners are generally committed to their neighborhoods, so in turn, they are more likely to make friends with their neighbors plus volunteer in political and community activities.  Most people take pride in a strong sense of community.

The National Association of Realtors research has reported that home ownership is particulary beneficial to children.  It states that children of homewoners are more likely to perform higher on academic achievement tests and finish high shool.  It also states that home owners who are safisfied with their home are more likely to say in their homes for a longer period of time.  These facts partially impact a sense of security, whether it be in the household or in the community.

Over the years policy makers have promoted homeownership through various channels, however, being a home owner has been an essential element of the American Dream for years  Research has consistently shown over the years the importance of housing on the economy and the long term social and financial benefits to individual home owners.

For more information visit:   http://www.realtor.org/press_room/news_releases/2010/08/stable_communities