Homeownership Not All It's Cracked Up to Be?

An economist at the Wharton School just released a study looking at the ancillary individual and community benefits that supposedly come with homeownership: greater happiness, more civic participation, etc. etc. Her research basically finds no support for these benefits. Here’s a brief excerpt:

From Grace W. Bucchianeri, “The American Dream or The American Delusion? The Private and External Benefits of Homeownership.”