How
Housing Matters is a joint project of the Urban Land Institute and
the MacArthur Foundation.
It is “an online resource
for the most rigorous research and practical information on how a quality,
stable, affordable home in a vibrant community contributes to individual and
community success”. A recent story they published, The First Rung
on the Ladder to Economic Opportunity Is Housing, discussed the
importance of having affordable housing available to as many families as
possible because:
“The ladder to economic success can stretch only so high without
the asset-building power of homeownership. Home
equity provides Americans with the ability to send their children to college
with less student loan debt and is the primary source of funds for retirement.
Half of the assets of Americans over age 55 are in their home.”
Bottom Line
Bottom Line
We have often posted
that the net worth of a family owning a home is 45 times greater than that of a
family that rents. That is not a coincidence.
Looking to Buy, Sell, or Invest? Contact:
David Demangos
858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist
David@AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!
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