Housing Tenure: Pennsylvania
- Allegheny County
- Home ownership provides a number of financial, social, and health benefits to American families. Especially in areas with housing price appreciation, home ownership is a wealth building mechanism and homeowners are also eligible to receive substantial federal and local tax benefits. Owning a home also provides families with increased residential stability, which can translate into improved school performance for children. The financial stake owners have in their neighborhood also is viewed as something that spurs them to become more-engaged in their community, and there is some research that has found that home ownership also can translate to improved health. The National Association of Realtors has compiled a summary of research related to the benefits of home ownership.
- Western Pennsylvania Regional Data Center
- Date Published:
- Temporal Coverage:
- Contributed by:
- Pennsylvania State University