"Though the home ownership effect on success of children has been - TopicsExpress

"Though the home ownership effect on success of children has been debated in academic literature, a recent study approached this question from a different perspective. Instead of trying to account for unobserved characteristics of homeowners, they examined whether there is a relationship between home ownership and engaged parenting behaviors in the home, school, and wider community for low to moderate income households. ... Research has consistently shown the importance of the housing sector on the economy and the long-term social and financial benefits to individual homeowners. The economic benefits of the housing market and home ownership are immense and well documented. The housing sector directly accounted for approximately 15 percent of total economic activity in 2011. House hold real estate holdings totaled $16 trillion in the last quarter of 2011. After subtracting mortgage liabilities, net real estate household equity totaled $5.9 trillion. ..."

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