Many Americans consider owning their own home to be one of the greatest dreams, satisfactions and pleasures in life! There are a wide range of options in terms of how and where one lives/resides etc, including: renting; owning a cooperative apartment, condominium, single-family home and/or living in a multi-family apartment that one owns.
1. The American Dream: It is often said that owning a home, owning a home, is an essential part of the so-called American Dream! How often was pride of home ownership mentioned as a major, motivating and inspiring scenario? Many look forward to owning their home rather than renting because they can customize it to suit their needs, goals and personal visions if one chooses their needs, requirements and financial needs wisely. / challenges, etc., it becomes easier period and customization!
2. Building Property Value: Many tenants feel they would rather build, property value than enrich their landlord as they do when they rent instead of own! Since for most Americans the value of their home represents their single largest financial asset, doesn't it make sense to approach this important decision in a well-thought-out, introspective and objective manner?
3. Satisfaction/Personal Pride of Ownership: Homeowners typically customize their home to fit their personal identity, priorities, preferences, and what they like, need, and like! Some enjoy it because it offers them a measure of personal pride and a sense of belonging! Shouldn't where we live/reside be a reflection of a person's personality and provide them with satisfaction and happiness?
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