Home Ownership Linked To Happiness

Home Ownership Linked To Happiness

Home ownership can lead to higher levels of well-being, according to data from the OECD Better Life Index, which gauges the quality of life worldwide by factoring in such things like housing, jobs, civic engagement, health and safety.

The heightened sense of happiness that comes from home ownership may be more than just getting a new home but more closely tied to the basic need for shelter, says Aida Caldera Sanchez and Caroline Tassot, authors of an analysis about the index. Also, home ownership can lead to status and independence – qualities that often are linked to happiness, their analysis shows.

On the well-being index, housing outperformed all the all other indicators monitored – like education, safety, and environment – by the highest amount in the Midwest, with 75 percent of the states ranking housing as most important to happiness. In the South, housing tops all other indicators in 70.6 percent of the states, and in the West housing was tops in only 15 percent of the states compared to the other indicators.

View how housing stacks up in your area at the OCED Regional Well-being website.


Source: OCED Regional Well-being and "Homeownership Linked to Happiness," RISMedia (May 7, 2015)


Kristina Davidson


Kristina Davidson Headshot
Author:
Phone: 936-672-2626
Dated: May 10th 2015
Views: 427
About Kristina: A thirst for challenge, a perpetual desire for growth, an investment in life-long learning and a com...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

6 Tips For A Family Buying A Home In Montgomery County Tx - So, you and your family are
Black Friday Ads For 2017 - Despite increased participation of
Doo Doo Is A No No - There’s no doubt pets play an
Finding The Perfect Home - As a Realtor working with clients

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Mariner Realty
13185 FM 1097, Ste E
Willis, TX
936-225-5855
936-890-7799