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Note to the teacher:
Meant to encourage students to articulate the costs and benefits of homeownership, this full-class-period activity will certainly provoke discussion.

 
Tools for Teachers

Activity: Advantages and Disadvantages of Owning a Home

Ashley Dumas, Project Hope, Dorchester, MA

Instructions: On the blackboard or a sheet of newsprint, create two columns: Advantages and Disadvantages (of buying and owning a home). Ask students to brainstorm possibilities for each column and discuss them. Not everyone will agree. For example, some students may think yard work is an advantage (gardening, etc.), while others may be too busy for it and consider it a disadvantage. Below are some ideas from other students.

ADVANTAGES

You can remodel

You can have guests and parties

You don’t have a landlord to set rules

You can have pets

DISADVANTAGES

You have to pay a monthly mortgage

You have to fix everything yourself or pay to have things fixed

You have to pay your water bill

You have to do yard work

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