Ownership Vs Homeownership

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As the argument abovementioned regarding the degree difference in the relationship between housing tenure and health status, it is suggested that the effects of ownership is not only related to material deficiency such as physical effects associating housing condition affecting well-being but also affecting the psycho-social outcomes such as insecurity produced by housing debt (Cairney et al., 2004). Therefore, there may be more health consequence related to psychological aspects of housing for example, pride in ownership or a sense of security leading to the mental side of effects (Cairney et al., 2004). In general, the rationale of the benefits of home ownership is to provide the owners a greater ability to adapt the physical environment to their needs, including managing the stress in their living condition (Lubell et al., 2007). As suggested above, owner-occupied homes also tend to be larger and of higher quality, so the apparent benefits of homeownership may in fact be related to other aspects of housing that are strongly correlated with homeownership. Nevertheless, the positive relationship between homeownership and satisfaction is well-documented in many of the studies (Elsinga and Hoekstra 2005; Rohe and Basolo 1997; Rohe and Stegman 1994). Some found people living in the disadvantaged environment could be under a greater risk of mental health sufferings (Sampson et al., 2002). Sampson (et al. 2002) used disorganization theory to examine the relationship and mental health outcomes for low-wealth regions, focusing on the neighborhood variation with the highlights of understanding how diverse outcomes could still occur even in a similar neighborhood (p. 410). The other linked social disorganization with mental health outcom... ... middle of paper ... ...over their life and dwellings (Rohe et al., 2002). In addition, homeowner, considered as the social symbol and identity in the society, was found to advance the individual’s sense of control due to the sense of achievement of fulfill the goal of purchasing a home (Rossi et al., 1996). A follow-up research included more mental health outcomes related to homeownership such as the satisfaction mentality from owning the superior dwelling and having increased privacy from their owned property (Hiscock et al., 2003). In another word, why homeownership could produce of a sense of fulfillment and achievement is it enables people feel in an advantageous status that could also value the homeownership in return. (Manturuk, 2012) However, there are some findings also showed no relationship between homeownership and sense of control (Rohe et al., 1994; Rohe et al., 1997).
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