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Study Links Early Homeownership in the US to Increased Life Expectancy

Research finds that owning a home in early adulthood provides measurable longevity benefits, with implications for reducing racial disparities in life expectancy.

Overview

  • An Oxford University study reveals that early adult homeownership adds approximately four months to the life expectancy of male Americans born in the early 20th century.
  • The research highlights racial disparities, with white homeowners gaining 0.42 years of life expectancy compared to 0.36 years for Black homeowners of the same era.
  • Systemic historical barriers limited Black Americans' access to homeownership in the 20th century, contributing to ongoing racial disparities in mortality rates.
  • Factors such as wealth accumulation, stronger social ties, better living conditions, and mental health benefits are cited as contributing to the longevity boost for homeowners.
  • The study suggests expanding equitable homeownership opportunities could help address racial gaps in life expectancy, though further research is needed to explore the impact on women and contemporary populations.