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As a single woman, I own three homes currently. Two are investments. I enjoy the process of fixing up a home that needs work and updating. Plus diversifying my investments, not to mention it gives me options if I needed to sell the bigger home that I live in and move into smaller one. Both of my investment homes were purchased from other single women who needed to sell and I was able to help them move to better situations with paying a fair price and not “stealing a deal”.
I have also noticed that my friends getting divorced, the man rents and she buys a small house.
Yes, I own my house and have another smaller investment property. I look at it as a cushion in case something happens in my current situation and I guess it gives me an extra sense of security.
It’s simpler than that. Most of the single women I give loans to are looking to have kids, or already have them. Single moms outnumber single dads 5:1.
I think women, think, like, and plan around owning a home a lot more and earlier than men. Not every woman buying is buying for kids.
Women have more financial independence than generations past, and homeownership is an achievement.
Seriously, women couldn't get their own bank accounts and credit cards until almost 1980. That's not that long ago. Women went from their parents house to the dorm/shared apartment to their marital home because that was their only option. If single women in the 1950s to 60s had the same financial independence we have today? Yeah, they'd be buying their own homes too.
If single women back in the day had the same financial independence we have today? Yeah, they'd be buying their own homes too. This is mostly based on personal experience with myself and my husband. When we met I owned and he was renting. We lived in his place and I leased out mine, then eventually we went shopping for a new house to move into together. I probably would not have approved of whatever he had bought on his own.
Because most men aren't looking to buy a house or settle down until they are married or in a serious relationship. Men also regularly spend money on other hobbies and enjoy "right now" items. Women want to be independent and financially secure before marriage or while single so they are more likely to buy a home.