There are more than just financial dividends for Canadians from Homeownership - June 3, 2021
Ian Walterhouse
Thursday, June 3, 2021
There are more than just financial dividends for Canadians from Homeownership
The financial benefits of homeownership are well documented. However, a new industry white paper from the Canadian Real Estate Association reveals that homeownership has varied dividends for Canadians. The report shows that home-ownership also produces non-financial benefits to measures of happiness and life satisfaction; family and child outcomes; health outcomes; as well as civic outcomes including higher engagement in your community,
While the upside of buying real estate to build financial security and multi-generational wealth is a strong reason to invest, it would be a mistake to disregard the broad benefits that flow from a culture of homeownership. These benefits extend from the individual homeowner to society at large. And they do not discriminate by income levels, ages, or regions. In fact, the data and research show many of these benefits are most pronounced for low- and middle-income households.
For more details, check out the great infographic below or read the full paper by clicking HERE.
Bottom Line
And if you are looking to buy a home, learn more about our Buy Back Satisfaction Guarantee online by clicking HERE or give me a call at 416-522-1112 to find out more about how we can help you find a home with our risk reversal program.
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