Read More About: Retirement Financial Planners Best Financial Advice By Real Estate Advisor Several studies have evaluated the impact of the rising U.S. home ownership rate on American’s society. Besides boosting the economy (in 2005 alone, 16 % of total economic activity was from the housing sector), home ownership also provides other social benefits. A study conducted by the National Association of Realtors (NAR) found that home ownership positively impacts the U.S. society in at least five areas: social stability, educational achievement, civic participation, crime rates and participation in public…
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