Introduction Homeownership in modern industrialized nations has become a commodity in the real estate market. It no longer represents an idolized dream of creating a family home. However, the value of homeownership as a factor in individual and social stability is significantly underestimated. Housing is a significant social asset, providing financial security, well-being, and public benefits to homeowners. Financial Security and Well-Being Affordable and stable housing ensures the financial security of a population. A stable housing situation has become a direct indicator of economic status. Access to affordable housing ensures that families can succeed professionally and receive public education. The overall quality of life of the household increases as owning a home provides an opportunity to establish equity or invest in postsecondary education. It is one of the primary ways of moving up the socio-economic ladder (Corporation for Enterprise Development, 2015). There is a generally positive correlation between homeownership and employment, suggesting that housing is an indicator of better job outcomes and lower unemployment rates (Family Centre Social Policy Research Unit, 2016). The financial situation in a household directly reflects the well-being and social interaction of individuals. Housing directly impacts the health and well-being of individuals. Physical health is associated with living conditions that can be detrimentally affected by overcrowding, aging utilities, or poor planning (Family Centre Social Policy Research Unit, 2016). This can cause a variety of diseases and premature mortality. Mental health is impacted by housing availability with homeowners experiencing fewer instances of depression and anxiety. Homeownership positively impacts the health of vulnerable groups such as children and older citizens. Studies show that in all instances, including the acquisition of housing by low-income families, there is a definitive improvement in the physical and mental health of residents (Family Centre Social Policy Research Unit, 2016). Public healthcare programs should target vulnerable populations by providing access to housing. Meanwhile, long-term homelessness is directly correlated with poor health. It results in acute and chronic illnesses that form due to prolonged exposure to weather elements, disease, violence, and limited access to medical care (Henwood, Cabassa, Craig, & Padgett, 2013). Access to primary housing provides physical security and a sense of stability that can negate the adversity faced by homeless individuals. Also, housing provides the foundation and space necessary for basic health or hygiene-related behaviors such as preparation of food and bathing (Henwood, Cabassa, Craig, & Padgett, 2013). A lack of availability of even the necessities for homeless people has a derogatory social health impact. Social Benefits The social elements of housing begin with security and control over the household and life events. It results in higher levels of satisfaction and better psychological health as social status is based on housing. Stress due to a lack of housing can lead to mental illness or social desperation, which can be correlated with violent crime. Housing, particularly homeownership, inherently impacts the stability of families choosing to remain in one location. Therefore, children can receive a continuous education while adult participation in the community increases. Families can build a network of friends and professional connections that provide foundational support for social well-being (Rohe & Lindblad, 201