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Chapter 8. Understanding Mortgages—And G... > The Many Benefits of Home Ownership

The Many Benefits of Home Ownership

There’s a good reason why so many people are attracted to owning their own home—there are so many benefits to be had! Some benefits are intangible, such as pride of ownership and freedom from landlord hassles.

Other benefits translate directly into dollars and cents. The possibility of appreciation in value is a factor for many home buyers. There’s undoubtedly something very satisfying about buying a home and seeing it go up in value over the years. There’s no guarantee this will happen, of course, but the potential for appreciation is surely an important factor for many home buyers.


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