noun phrase · academic
home ownership
UK/ˌhəʊm ˈəʊnəʃɪp/US/ˌhoʊm ˈoʊnərʃɪp/home OWN·er·ship
the state or fact of owning a home
Examples
“Policies that promote home ownership can stabilise neighbourhoods.”
“Declining rates of home ownership are a concern for policymakers.”
“Home ownership gives people a stronger incentive to invest in their property.”
Band 8 sentence
“Encouraging home ownership through targeted subsidies can reduce residential turnover and foster long-term community engagement.”
Collocations
- promote home ownership
- rates of home ownership
Word family
Common mistakes
home owning→home ownership
own a home is important→owning a home is important
Say it for a higher band
5own a home→6owning a house→7+home ownership
Synonyms
homeownership
Easily confused
homeownership
“Homeownership rates have declined among young adults.”
Related words
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In Hometown & Housing
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