4 Key Reasons Many Enjoy Home Ownership! : Many Americans consider, owning a home, of their own, to be, one of the greatest dreams, satisfactions, and enjoyments, of life! There are a wide – variety, of options, in terms of how, and where, one lives/ resides, etc, including: renting; owning a cooperative apartment, a condominium, single – family home, and/ or, living in a multi – family, dwelling, one owns. Each of these, has certain benefits/ advantages, as well as disadvantages/ challenges, and there is no such thing, as, one – size – fits – all, when it comes to, determining, which a specific individual, would enjoy most, and be happiest, living in. This article, however, will attempt to, briefly, consider, examine, review, and discuss, 4 of the key reasons, many enjoy, home ownership.
1. The American Dream: It has often been said, owning a home, of one’s own, is an essential component, of the so – called, American Dream! How often, has the pride of home ownership, been mentioned, as a major, motivating, inspiring scenario? Many, look forward, to owning their house, rather than renting, because, they can customize, it, to meet, their needs, goals, and personal perceptions, If, one chooses, wisely, determines his needs, requirements, and financial necessities/ challenges, etc, this becomes, an easier period, and adjustment!
2. Building asset value: Many renters, feel, they would prefer, building – up, asset value, rather than enriching their landlord, as they do, when they rent, instead of own! Since, for most Americans, the value of their house, represents their single – biggest, financial asset, doesn’t it make sense, to proceed, in terms of making this important decision, in a well – considered, introspective, objective manner?
3. Satisfaction/ personal pride, of ownership: Homeowners, usually, customize their house, to align with their personal identity, priorities, preferences, and what they like, need, and enjoy! Some enjoy this, because, it offers them, a degree of personal pride, and a sense of belonging! Shouldn’t, where, we live/ reside, be a reflection of one’s personality, and provide them with satisfaction, and happiness?
4. Ability to customize, to fit their personal needs: When, one rents, he can decorate, in terms of furniture, etc, but, are limited, in terms of any sort of customizing, to best, meet their personal needs, and requirements! When, you own, on the other hand, it offers you, the ability to customize it, to meet their personal needs/ requirements/ specifications, etc, in terms of, both, the look, and feeling, of the interior, and exterior. Also, when it’s your house, you can alter it, redecorate, expand, etc.