South Bay Homes and Real Estate

Rent vs. buy – preventing South Bay teen pregnancies?!

“If you are a homeowner, you are happier and more satisfied with your life, your children are better educated and less likely to get into trouble, your daughters are less likely to become pregnant as teenagers, you vote more often and are more active in your community, you are more likely to recycle and less likely to get mugged.”

Doesn’t that add a little wrinkle into the rent vs. buy question?

These are findings published from a study by Robert Dietz, professor of economics at Ohio State University , titled “The Social consequences of Home Ownership”. Essentially, it comes down to the fact that homeowners feel more vested in a community than renters do.

I didn’t really care who my neighbors were when I rented because I was probably moving in a year, not so with my neighbors now. I’m more likely to be active in my community now because I know I’ll be here for a while. I’ll be more active in the political process because those decisions will now have lasting effects on my life and my finances.

So, add these to the long list of financial advantages to home ownership. Call me to start teen pregnancy prevention for YOUR family!

Rocky Rockwood is the father/son Real Estate team of Mike and Ryan Rockwood. Torrance home buyers and home sellers can reach the Rocky Rockwood Team at (310) 809-0203 or Ryanrockwood@kw.com.