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Glite Dictionary
homeownership

homeownership

10 3.4
Having a house or flat you bought and live in, not renting
  • noun
  • /ˈhoʊmˌoʊnərʃɪp/
: propiedad de la vivienda
  • The problem is we have what we call a homeownership gap in America.
  • homeownership scheme
  • opportunities for homeownership

I have spent my whole adult life defending the concept, the principle of homeownership.

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Examples

  • Many people thought that homeownership could also smooth over interracial conflict.

    Academic text (1994)

  • 24/7 Wall St.: For many Americans, homeownership is the epitome of living the American dream.

    Blog text (14)

  • The question became, how many of these eligible workers would participate in a homeownership scheme if it were available?

    Academic text (1992)

  • July 2006: "I am pleased the House passed the Expanding American Homeownership Act of 2006."

    Blog text (10)

  • Ebron provides support services for families in the homeownership program at Habitat for Humanity of Forsyth County.

    Blog text (21)

  • Other immigrants, especially Slovaks and Poles, banked on hard labor, homeownership, and slow intergenerational mobility for success.

    Academic text (1997)

  • Many families view homeownership as a key part of achieving financial stability.

  • The city is working to increase homeownership among low-income residents through various programs.

  • Owning a home and achieving homeownership can provide a strong sense of community and belonging.

Antonyms

renting
7 1.0

Paying money to use something for a time, like a house or car

Surface Forms

homeownership singular
homeownerships plural

Morphology

homeownership = home + ownership (transparent) = home + own + ship

A straightforward compound of 'home' + 'ownership' meaning the state of owning a home.

Etymology

Homeownership is built from home ('house') and ownership, which comes from own ('to have') plus the ending -ship meaning 'state of'. So homeownership simply means the 'state of having a home' — owning a house rather than renting.