Why Buying a House Costs You More Happiness
When you think about buying a house, you might not realize that the very thing you're dreaming of could actually cost you more happiness, but by exploring the options available, you can find alternative paths to fulfillment.
The Emotional Cost of Homeownership
Owning a home is often seen as a hallmark of success, but it comes with emotional and financial burdens that can outweigh the initial joy of purchase. The responsibilities of maintenance, repairs, and mortgage payments can lead to stress and anxiety. A study conducted by the American Psychological Association found that financial stress is a significant contributor to overall stress levels in the U.S., with 72% of adults reporting feeling stressed about money at least some of the time1. Homeownership, with its associated costs, often amplifies this stress.