Top 20 Homeownership Quotes & Sayings

I don't know exactly why the notion of homeownership has such a grasp on the American imagination. Perhaps as descendants of landless immigrants we turn our plots into symbols of stability.

From a social point of view, it's beneficial that homeownership encourages commitment to a given town or city. But, from an economic point of view, it's good for people to be able to leave places where there's less work and move to places where there's more.

That is the heart and soul of the American dream, homeownership, the idea of being able to buy a house and start to build your family.

The celebration of homeownership seems to be part of a countermovement against popular owning of shares in corporations.

More Americans own their home than ever before. Nearly 70 percent of American's are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation's economy.

I'm not attacking the idea that people live in conglomerations of houses in proximity to one another, sharing the same water mains and the same newspaper delivery boy and so forth. I'm not objecting to that. That could happen with or without homeownership.

The government decides to try to increase the middle class by subsidizing things that middle class people have: If middle-class people go to college and own homes, then surely if more people go to college and own homes, we’ll have more middle-class people. But homeownership and college aren’t causes of middle-class status, they’re markers for possessing the kinds of traits — self-discipline, the ability to defer gratification, etc. — that let you enter, and stay, in the middle class. Subsidizing the markers doesn’t produce the traits; if anything, it undermines them.

Mortgage is one of the most popular deductions. It costs the Treasury about $103 billion a year. Now that's money we could use to treat wounded veterans or reduce the deficit or fill the border. Instead, we give it a subsidy to homeowners, and it goes mainly to the richest homeowners in America, because only one third of Americans itemize their deductions. It doesn't work. Many countries have gotten rid of the mortgage interest deduction. Almost all of them have higher homeownership rates than we do.

For all the huffing and puffing of the doubters, a home of our own is still the rock on which our hopes are built. Price appreciation aside (and most houses will appreciate, eventually), homeownership is a state of mind. It's your piece of the earth. It's where a family's toes grow roots. It's where the flowers are yours, not God's.

One might ask the question: Is the mortgage interest deduction doing a better job, a worse job, if it's supposed to promote homeownership and savings? Because home ownership is the biggest form of savings in this country. Different people will look at that data and draw different conclusions, but that's just an example of the kind of thing you can pull out of USAFacts and develop a point of view about.

Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.

Very few people know that my department is responsible for 1.2 million home loans since I have been secretary. That's 1.2 million families that are living in homes in rural America that would never have homeownership, but for the United States Department of Agriculture's programs. We have to do more of educating people about the partnership that does exist between rural America and their government.

Escrow accounts are an important tool for homeowners to the reduce the risk of mortgage default on high-priced loans. Millions of Americans, including my wife and I, utilize these accounts to make monthly payments towards the annual financial obligations that come with homeownership like taxes and insurance.

Homes-the very idea of homeownership-evoke a strong emotional reaction in all of us.

It's time to remove the stigma associated with promoting homeownership.

High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability.

Differences in homeownership rates remain the prime driver of the nation's racial wealth gap.

The truth is that the dream of homeownership is out of reach for too many Americans.

I have done a lot of work for affordable housing, rental housing. I understand the rap on me and other liberals is, oh, we push poor people into homeownership. And it's exactly the opposite of the case. We were trying to prevent those kinds of bad loans.

There is a reason so many Americans choose to develop their net worth through homeownership: It is a proven wealth builder and savings compeller.