The Effects of Homeownership: on the Self-Esteem, Perceived Control and Life Satisfaction of Low-Income People

Rohe, William M.; Stegman, Michael A.

doi:10.1080/01944369408975571

Cited by 227 publications

(137 citation statements)

References 21 publications

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“…Although selection issues affect earlier research in this area, findings suggest that, among lower income families living in comparable areas, homeowners have increased informal interaction with their neighbors the longer they live in their homes (Rohe and Stegman, 1994;Rohe and Basolo, 1997). Homeowners also tend to be more satisfied with their communities in general (Rossi, 1996).…”

Section: Introductionmentioning

confidence: 95%

Homeownership and Local Voting in Disadvantaged Urban Neighborhoods

Manturuk

Lindblad

Quercia³

2009

SSRN Journal

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Section: Introductionmentioning

confidence: 95%

Homeownership and Local Voting in Disadvantaged Urban Neighborhoods

Manturuk

Lindblad

Quercia³

2009

SSRN Journal

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“…Homeownership is a specific type of tenancy whereby, in addition to other characteristics common to any tenure, individuals develop a specific identity (Rohe & Stegman, 1996) and gain financial security, as housing is an asset in which savings can be accumulated.…”

Section: Homeownership and Self-insurancementioning

confidence: 99%

Housing Wealth and Housing Decisions in Old Age: Sale and Reversion

2010

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Population ageing brings new challenges to long-term household economic decisions. In the event of old-age dependency, housing assets become a key self-insurance device. However, little empirical evidence has been reported regarding an individual's expectations of having to use their housing wealth for such a purpose. This paper draws upon two complementary data sources to empirically examine: (1) the influence of housing assets on an individual's willingness-to-sell (WTS) their dwelling for care purposes, and (2) the willingness to take out a reverse mortgage contract loan in the event of old-age dependency. The paper's findings suggest that homeowners' WTS in old age is unaffected by their income or housing assets and is, rather, determined by socio-environmental housing characteristics and the individual's health and personal needs. Conversely, the study finds that the uptake of home reversion loans is largely dependent on income or education, but not on a household's housing assets.

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“…For immigrants, owning a home symbolizes the culmination of the assimilation process and fulfillment of the "American Dream" (Alba and Logan 1992). At the community level, high rates of homeownership have been linked to higher property values, improved housing maintenance, greater community attachment and involvement, and enhanced neighborhood stability (Constant et al 2007;Rohe and Stegman 1994;Toussaint-Comeau and Rhine 2004).…”

Section: Introductionmentioning

confidence: 99%