Home Ownership is still the American Dream!
Many things come to mind when the words The American Dream are uttered. For me, I immediately think of owning a home as the ultimate American Dream. After all, our family and our home is the center of our lives in America. We work hard at having a comfortable, beautiful home that’s full of love and life to share with our family and friends. Home is where we enjoy creating something that is all ours. We own it. It’s a place that reflects our personality, where we create our family traditions that will long be remembered and passed down through generations. It’s a place where we form our family values and is an expression of who we are.
Does it matter if we own a home or not? Over the past few months, our country has gone through some turmoil as it continues to work through a sad financial upheaval of sorts. The question of home ownership has been debated where some critics have said that too much emphasis has been put on the virtues of home ownership. Really? Who are these people? Have they forgotten that for hundreds of years the people in the United States have believed that property or home ownership is a core value of this county? We must remember who we are as a nation, what our core values are and where our families begin.
Home ownership still remains the dream of an American and will always make a difference in family relationships, values and our connectedness to the communities in which we live. In a recent poll, when asked if homeownership is a better financial decision than renting, 96 percent of homeowners said it was and 71 percent of renters agreed. Even in times where this country has been in a financial crisis, the vast majority of Americans still see home ownership as a smart decision…financial stability. Homeownership is a great way to increase your net worth…a slow wealth builder. With every payment, equity builds.
Be proud of your accomplishment if you are a home owner and if you are not, continue to work toward owning a home. Live THE AMERICAN DREAM!