homeownership

American

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

noun

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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Generation X had the highest homeownership rate relative to their age, so when the housing bubble popped in 2008, it hit Gen X the hardest.

From Los Angeles Times • May 1, 2026

I recognize that homeownership also has an emotional component.

From MarketWatch • Apr. 19, 2026

The housing bust also weighed on Gen X’s homeownership rate, as some lost their homes in foreclosures and others opted to rent for fear of another crash.

From The Wall Street Journal • Apr. 17, 2026

Shadow housing secretary James Cleverly said the Conservative policy "gave many thousands of people the chance to realise the dream of homeownership".

From BBC • Apr. 14, 2026

But I still could feel the power and rectitude that propelled her out of the projects and into homeownership.

From "Between the World and Me" by Ta-Nehisi Coates

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023