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.
- 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.