Abstract
Through three cross-sectional surveys conducted in 1981, 1983, and 1989 we investigate a model of the articulation between home ownership and cognitive well-being. Data were collected from participants in an experimental home ownership program designed for working class families. Our model anticipates that home ownership will increase feelings of overall well-being by increasing satisfaction with the residential environment and increasing interaction with other residents in the community. While we find empirical support for the model, the last year of the study, 1989, suggests a reversal in the evaluation of the neighborhood.
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