Smarter Kids

By Christina B. Farnsworth. Math achievement 9 percent higher, reading achievement 7 percent higher, behavioral problems 1 percent to 3 percent lower–these are among the benefits for children living in an owned rather than a rented home. A study from Ohio State University published in Real Estate Economics found that living in an owned home even improved the children’s emotional environment. The study cited a 14 percent to 23 percent higher-quality home environment and found the benefits of homeownership multiplied the longer the children lived in owned homes. Find Real Estate Economics online at www.areuea.org/publications/ree/.

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