[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2gt34dvgbov1n":3,"$ffeh0925h8cuz":45,"$fbwk2pqjjqsc7":49},{"item":4,"previous":33,"next":39},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":32,"updatedAt":32},1448,"homeowners-are-happy-renters-not-so-much","Homeowners Are Happy! Renters? Not So Much. ","When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F09\u002F25120624\u002F20190926-Share-KCM.jpg","When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable.\u003C!--more-->\r\n\r\nIn a \u003Ca href=\"https:\u002F\u002Finfo.bankofamerica.com\u002Fhomebuyers-report\u002F\">recent survey\u003C\u002Fa>, \u003Cem>Bank of America\u003C\u002Fem> asked homeowners: \u003Cem>“Does owning a home make you happier than renting?”\u003C\u002Fem> 93% of the respondents answered yes, while only 7% said no. The survey also revealed:\r\n\u003Cul>\r\n \t\u003Cli>More than 80% said they wouldn’t go back to renting\u003C\u002Fli>\r\n \t\u003Cli>88% agreed that buying a home is the \u003Cem>“best decision they have ever made\u003C\u002Fem>”\u003C\u002Fli>\r\n \t\u003Cli>79% believed owning a home has changed them for the better\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nThose surveyed talked about the “emotional equity” that is built through homeownership. The study says more than half of current homeowners define a home as a place to make memories, compared to 42% who view a home as a financial investment. Besides building wealth, the survey also showed that homeownership enhances quality of life:\r\n\u003Cul>\r\n \t\u003Cli>67% of current homeowners believed their relationships with family and loved ones have changed for the better since they bought a home\u003C\u002Fli>\r\n \t\u003Cli>78% are satisfied with the quality of their social life\u003C\u002Fli>\r\n \t\u003Cli>82% of homeowners said they were satisfied with the amount of time they spend on their hobbies and passions since purchasing a home\u003C\u002Fli>\r\n \t\u003Cli>75% of homeowners pursued new hobbies after buying a home\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nHomeowners seem to be very happy.\r\n\u003Ch4>\u003Cstrong>Renters Tell a Different Story…\u003C\u002Fstrong>\u003C\u002Fh4>\r\nAccording to the latest \u003Ca href=\"https:\u002F\u002Fwww.zillow.com\u002Fresearch\u002Frenter-regrets-24285\u002F\">\u003Cem>Zillow Housing Aspirations Report\u003C\u002Fem>\u003C\u002Fa>\u003Cem>, \u003C\u002Fem>45% of renters regret renting rather than buying — more than five times the share of homeowners (8%) who regret buying instead of renting. Here are the four major reasons people regret renting, according to the report:\r\n\u003Cul>\r\n \t\u003Cli>52% regret not being able to build equity\u003C\u002Fli>\r\n \t\u003Cli>52% regret not being able to customize or improve their rentals\u003C\u002Fli>\r\n \t\u003Cli>50% regret that the rent is so high\u003C\u002Fli>\r\n \t\u003Cli>49% regret that they lack private outdoor space\u003C\u002Fli>\r\n\u003C\u002Ful>\r\nThese two studies prove that renting is just not the same as owning.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nThere are both financial and non-financial benefits to homeownership. As good as the “financial equity” is, it doesn’t compare to the “emotional equity” gained through owning your own home.","\r\nThere are both financial and non-financial benefits to homeownership. As good as the “financial equity” is, it doesn’t compare to the “emotional equity” gained through owning your own home.",false,[16,20,24,28],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},38,"Move-Up","move-up",{"id":29,"name":30,"slug":31},53,"Rent vs. Buy","rent-vs-buy","2019-09-26T10:00:24Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":14},1447,"are-you-ready-for-the-black-friday-of-real-estate","Are You Ready for the ‘Black Friday’ of Real Estate?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2019\u002F09\u002F24123514\u002F20190925-Share-KCM.jpg","2019-09-25T10:00:23Z",{"id":40,"slug":41,"title":42,"featuredImage":43,"publishedAt":44,"contentType":10,"isVideo":14},1449,"what-is-the-cost-of-waiting-until-next-year-to-buy-infographic-3","What Is the Cost of Waiting Until Next Year to Buy? 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