Commitment to family. Home ownership allows people greater control and responsibility over their living environment. Perhaps for the first time in your life you can make decisions about the colors of the walls and carpet, kind of window treatments, or even if you want to knock out a wall and enlarge a room. Home ownership allows you to express your values and tastes. Commitment to community.
Home ownership helps to stabilize neighborhoods and strengthen communities.
When you own a home you have an incentive for maintaining and improving your property as well as the surrounding areas, such as your neighborhood or section of the city. Commitment to economic growth. The purchase of a home helps to create jobs and encourage economic growth in the area. Designing, building, selling, and remodeling homes creates local jobs and requires the use of products and services in the community. Your home is one of the largest, if not the largest, investments you will make in your lifetime.