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How Housing Matters spoke with McCabe about homeowners’ civic engagement and the potential conflict between stewarding an individual financial asset and focusing on broader community needs. The interview has been edited for length and clarity. How Housing Matters: What is the current ideology of homeownership?
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Homeownership brings substantial benefits to our society. For millions of Americans, their home is their largest financial asset, the key to their future financial security. And homeownership gives people a stake in their community that often leads to more civic involvement, better schools and safer neighborhoods.
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Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes." Today, we want to cover the section of the report that quoted several studies concentrating on the impact homeownership has on educational achievement.
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Homeownership allows households to accumulate wealth and social status, and is the basis for a number of positive social, economic, family and civic outcomes." Today, we want to cover the section of the report that quoted several studies concentrating on the impact homeownership has on the health of family members.
The Impact of Homeownership on Civic Involvement People often talk about the financial benefits of homeownership. As we can see, there are also social benefits of owning your own home. Coldwell Banker Residential Brokerage in the Bay Area receives nrt humanitarian outreach Award