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| Sponsored by Pillar to Post |
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| Homeownership and Well-Being: A Complicated Relationship |
| By Suzanne De Vita |
Homeownership has come to represent security and wealth—the American Dream, realized, for millions who place their stake through property. There is evidence, even, that homeownership lends itself to overall satisfaction.
Financially, homeownership is also associated with well-being, according to a new report by the Consumer Financial Protection Bureau (CFPB). The CFPB defines "financial well-being" as "a state of being wherein a person can fully meet current and ongoing financial obligations, can feel secure in their financial future and is able to make choices that allow them to enjoy life." The first factor is key. The ability to afford a home affects sense of well-being, the ...
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(TNS)—Unexpected repairs can cause financial stress for homeowners. When crises occur, homeowners can find themselves
