Home Ownership refers to a form of home occupancy where the occupant is the owner of the home.
Characteristics | |
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Arguments in favor of | Arguments opposing |
It provides a home to the owner. | |
Facilitating home ownership can help to improve long term access to dwelling. | High level of home ownership may reduce the mobility within a society. |
The occupant and the owner are the same party. | |
Home ownership can help to induce better maintenance of the dwelling. | Owner occupied property does not benefit from the potential checks and controls by non-owner occupant or non-occupant owner. |