2023 Research in the Capitol

Presentation Type

Poster Presentation (UNI Access Only)

Keywords

Home ownership--Iowa; Finance, Personal--Iowa; Conduct of life;

Abstract

The purpose of this study is to examine the far-reaching impacts of homeownership for Iowa Heartland Habitat for Humanity (IHHFH) home recipients. We develop a serial mediation model with homeownership as the independent variable, and financial well-being, current health, and psychological well-being as mediating variables to explore the impact on life satisfaction, the dependent variable. We utilize a survey and data from 184 participants to test the model. The findings show a direct relationship between homeownership and life satisfaction, but that relationship is partially mediated by financial well-being, current health, and psychological well-being, where the mediating variables amplify the relationship between homeownership and life satisfaction. The model highlights that homeownership has three levels of impact: financial, current health, and psychological well-being all of which combined improve life satisfaction.

Start Date

6-3-2023 11:30 AM

End Date

6-3-2023 1:30 PM

Event Host

University Honors Programs, Iowa Regent Universities

Faculty Advisor

Joe Ugrin

Department

Department of Accounting

File Format

application/pdf

Off-Campus Access

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Mar 6th, 11:30 AM Mar 6th, 1:30 PM

The Power of Homeownership [poster]

The purpose of this study is to examine the far-reaching impacts of homeownership for Iowa Heartland Habitat for Humanity (IHHFH) home recipients. We develop a serial mediation model with homeownership as the independent variable, and financial well-being, current health, and psychological well-being as mediating variables to explore the impact on life satisfaction, the dependent variable. We utilize a survey and data from 184 participants to test the model. The findings show a direct relationship between homeownership and life satisfaction, but that relationship is partially mediated by financial well-being, current health, and psychological well-being, where the mediating variables amplify the relationship between homeownership and life satisfaction. The model highlights that homeownership has three levels of impact: financial, current health, and psychological well-being all of which combined improve life satisfaction.