Homeownership Makes People Happier

A new survey from B of A shows that most Americans have no regrets about buying a home. In fact, it’s made them happier!

According to their survey 93% of Americans say they are happier after buying a home, and 83% would never go back to renting. The majority of the 2000 respondents surveyed said they have an emotional attachment to their home, and ownership also has improved their lifestyle and variety of hobbies which included landscaping/gardening, cooking/baking/grilling, and interior design/remodeling. Further, two-thirds of respondents say their relationships with family and loved ones changed for the better since purchasing a home. They credited homeownership as improving their relationships in the following ways: Giving their family a sense of pride, allowed them to entertain more, and enabled them to bring the entire family under one roof.

If you are a homeowner We’d love to hear what you have to say about the joys (and woes) of homeownership vs renting. Do you agree with the results on this survey? Feel free to chime in in the comments below!

To read the full report click on the link: