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Owner-occupancy
Owner-occupancy
or
home-ownership
is a form of
housing tenure
where a person, called the
owner-occupier
,
owner-occupant
, or
home owner
, owns the
home
in which he/she lives. This home can be
house
,
apartment
,
condominium
, or a
housing cooperative
. In addition to providing
housing
, owner-occupancy also functions as a
real estate
investment
.
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