A Place Called Home : The Social Dimensions of Homeownership / Kim R. Manturuk, Mark R. Lindblad and Roberto G. Quercia.
Material type: TextLanguage: English Publication details: New York : Oxford University Press, 2017.Description: xxxii, 173 p. ; hb. 24 cmISBN:- 9780190653248
- 333.3380973 23 MAN
Item type | Current library | Collection | Call number | Status | Date due | Barcode |
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General Books | CUTN Central Library Social Sciences | Non-fiction | 333.3380973 MAN (Browse shelf(Opens below)) | Available | 44239 |
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333.00954 SAN The PRICE of LAND | 333.314 PAL Neo Gandhians Activities for Rural Transformation / | 333.320 TRI Tribal land question : | 333.3380973 MAN A Place Called Home : | 333.5 KAU Hospitality Property Management / | 333.7 BHA Environmental economics : | 333.7 BHA Environmental economics : |
Introduction
Chapter 1: Methods
Chapter 2: Physical Health Limitations and Financial Hardship
Chapter 3: Financial Stress and Satisfaction
Chapter 4: Mental Health and Sense of Control
Chapter 5: Local Voting
Chapter 6: Civic Engagement
Chapter 7: Social Capital
Chapter 8: Collective Efficacy and Perceived Crime
Chapter 9: Homeownership: Mechanisms and Dependencies
Conclusion
Since the onset of the mortgage lending crisis and the subsequent Great Recession, there has been ongoing debate about the economic benefits of homeownership. Some say homeownership remains an important contributor to wealth creation, while others believe that renting is a less expensive and less risky option. This debate has raised an interesting question about homeownership: if the home is not guaranteed to provide a solid return on investment, is there a rationale for promoting homeownership beyond whatever financial benefits it may deliver?
The authors' research has provided tremendous insights into the extra-financial effects of affordable homeownership. It shows that homeowners, when compared with renters, have better health outcomes, experience less stress in times of financial hardship, experience a greater sense of trust in their neighbors, have access to more social capital resources, and are more likely to vote. Further, the data allows us to explore not only what benefits result from affordable homeownership, but how and why these benefits are transferred. The book ultimately argues that homeownership is not only important for financial reasons, but also functions as a social tool that can improve the lives of low- and moderate-income people.
Includes bibliographical references and index.
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