Promote National Homeownership Month in June
Join NAHB and other members of the housing industry by celebrating National Homeownership Month in June. Here are some talking points as you explain to consumers the essential role that homeownership plays in our national economy, in individual financial security and in fulfilling the American Dream.
- Homeownership is the foundation of the American Dream, and the home building industry celebrates this by recognizing June as National Homeownership Month.
- Most Americans consider homeownership to be the single best long-term investment and a primary source of financial security. Indeed, the latest statistics from the Survey of Consumer Finances show that a household’s primary residence is its largest asset, surpassing business interests and retirement accounts.
- Owning your home means owning your future — a place to raise your family, fulfill your dreams and create strong communities.
- Over the long term, homeownership is a solid stepping stone to a future of financial security. The equity accumulated over years of homeownership can be used to help pay for college, to downsize into a retirement home, or for a range of future financial needs.
- The nation’s housing and homeownership policies over the last century have contributed to the growth of the middle class and helped the United States become the most dynamic economy the world has ever seen.
- Housing is also vitally important to local, state and national economies. It is critical that homeownership remains attainable and that access to safe, decent and affordable housing remains a national priority.
- More than 15 percent of the U.S. economy relies on housing and nothing packs a bigger local economic impact than home building.
- Constructing 100 new single-family homes creates 297 full-time jobs, $28 million in wage and business income and $11.1 million in federal, state and local tax revenue.
- A healthy housing industry means more jobs and a stronger economy. Home building increases the property tax base that supports local schools and communities.
- Housing, like no other sector, is “Made in America.” Most of the products used in home construction and remodeling are manufactured here in the United States.