homeownership

American  

[hohm-ohn-er-ship] / ˈhoʊmˌoʊn ərˌʃɪp /

noun

1. the state or fact of owning a house, especially the house one lives in.

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Example Sentences

Paying interest on a second loan instead of making a cash down payment can increase the overall cost of homeownership significantly.

From The Wall Street Journal

For one, paying off your credit card is actually a step toward homeownership, even if it doesn’t feel like one.

From MarketWatch

Sir Geoffrey Clifton‑Brown, Chair of the Committee of Public Accounts, said that while the scheme offers a "pathway" to homeownership, it is "wholly unsatisfactory" that people who have bought through shared ownership "have been faced with cost pressures and complexities".

From BBC

The typical American family leans heavily on homeownership to build their net worth, and homeowners of all wealth levels have benefited from the recent rise in home prices.

From The Wall Street Journal

Neither of us had ever been interested in homeownership before.

From The Wall Street Journal