Skip Navigation

Study: Homeowners Aggravated and Heavy

Started by malthus
about 17 years ago
Posts: 1333
Member since: Feb 2009
Discussion about
"For generations, owning a home has been viewed as the cornerstone of the American Dream, the foundation for a happy family life and long-term financial security. Now, a new research paper challenges that conventional wisdom. Wharton's Grace Wong Bucchianeri, a professor of real estate, says her research shows that while homeowners do experience significant joy, they also face more aggravation, spend less time with friends and are even heavier than renters living in comparable homes." http://knowledge.wharton.upenn.edu/article.cfm?articleid=2257
Response by notadmin
about 17 years ago
Posts: 3835
Member since: Jul 2008

why would a homeowner be fatter than a renter? did they control for age well enough?

Ignored comment. Unhide
Response by divvie
about 17 years ago
Posts: 456
Member since: Mar 2007

That reminds me of the research that shows that couples with children are less happy than couples without due to a number of factors which boil down to it's bloody hard work!

However, I'm sure most parents here wouldn't have it any other way.

Ignored comment. Unhide
Response by mutombonyc
about 17 years ago
Posts: 2468
Member since: Dec 2008

All that glitter is not gold.

Ignored comment. Unhide
Response by NYCMatt
about 17 years ago
Posts: 7523
Member since: May 2009

This is probably about the most stupid and least meaningful "study" to ever come out of Wharton.

"Bucchianeri examines survey data from some 600 women in Ohio ..."

Six HUNDRED. WOMEN. In OHIO.

Yeah, that's representative of *America* (or, even in terms of this board, New York City).

Outside of such high-priced urban meccas like New York City and San Francisco, guess who's more likely to be a "renter"? YOUNG PEOPLE! And guess what? Young people are generally in better shape! And guess what else about young people? They're more likely to be SINGLE! Do you know what single people do more than married people? THEY GO OUT WITH FRIENDS!

Damn. I should be a Wharton MBA!

Ignored comment. Unhide
Response by aboutready
about 17 years ago
Posts: 16354
Member since: Oct 2007

kind of like the consumer confidence polls. a few hundred people move markets.

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

Matt: from second paragraph, "once the data are controlled for a range of variables..."

Ignored comment. Unhide
Response by NYCMatt
about 17 years ago
Posts: 7523
Member since: May 2009

Alanhart: Manipulated data is called S P E C U L A T I O N.

Ignored comment. Unhide
Response by aboutready
about 17 years ago
Posts: 16354
Member since: Oct 2007

forget any analysis. let's just review raw data. that's meaningful to so many people.

Ignored comment. Unhide
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

This has got to be one of the dumbest studies I have ever read. Although I will admit that, compared to when I was a renter, I am fatter now. I think the main reason is that when I moved from my apt. to my house, I had more space for food. In my apt. I would not buy that much junk food because I did not have the room. But in the house, I can stockpile 3 years worth of snacks.

Ignored comment. Unhide
Response by NYCMatt
about 17 years ago
Posts: 7523
Member since: May 2009

Oooh! I have a study for Wharton!

WHY is it that couples with children seem to have higher grocery bills than couples without children?

Let's survey 600 men in Denver and find out!

Ignored comment. Unhide
Response by aboutready
about 17 years ago
Posts: 16354
Member since: Oct 2007

Actually, Matt, couples with children may well spend less total on food than couples without children. the social sciences lost a fine researcher when you didn't head to a life in academia.

Ignored comment. Unhide
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

I have a study for Harvard: Why does Detroit have a higher unemployment rate than Dallas? There must be some sort of negative event occuring in Detroit. We must figure out what it is. If only there was a Harvad study that did just that...

Ignored comment. Unhide
Response by tenemental
about 17 years ago
Posts: 1282
Member since: Sep 2007

I think 'anticipated weight gain' needs to be added to the rent vs. buy calculation, especially when you factor in the likelihood of increased future health costs.

How do we calculate oz/sf and $/oz?

Ignored comment. Unhide
Response by NYCMatt
about 17 years ago
Posts: 7523
Member since: May 2009

Let's not also forget that people in the Midwest are generally fat to begin with ...

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

Alpine, from where you live in New Jersey you can walk from your house to Palisades Interstate Park and have a constitutional every evening after dinner. Here's an important GIF to demonstrate and really add a lot to this thread: http://en.wikipedia.org/wiki/File:Blender3D_NormalWalkCycle.gif

Ignored comment. Unhide
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

I don't know about that Matt. Farmers do a lot of physical labor so I'm sure that keeps them in shape. I think the fattest states are actually those in the Southeast. I know the fittest city is actually Washington D.C. Don't ask me why...

Ignored comment. Unhide
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

no need for that math tenemental. Buy a 5th floor walk up 6 blcoks away from the closest subway station and I'm sure that you will be the fittest person on your block.

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

I think Denver and Minneapolis are usually the fittest cities. DC? Out of the question.

Farmers do as much physical labor as it takes to drive an enormous Deere combine. They probably even have ones with elevators to bring the farmers up to the cabs.

Ignored comment. Unhide
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

The Obamas are living in the right city if they want to stay buff.
The Washington, D.C., metro area is the fittest city in the USA, ranking slightly higher than Minneapolis, Denver, Boston and San Francisco, according to a new analysis of the 50 most populous metro areas. The ranking is being released this week by the American College of Sports Medicine at its annual meeting in Seattle.

Oklahoma City is at the bottom of the list, and Detroit comes in second to last.

http://www.usatoday.com/news/health/weightloss/2009-05-25-fitcities_N.htm

Ignored comment. Unhide
Response by tenemental
about 17 years ago
Posts: 1282
Member since: Sep 2007

So you're saying that in addition to their typical lower prices, high-floor walkups with lousy transportation options have a value-added long term health cost benefit? See, that's the kind of data we need hard numbers on.

Ignored comment. Unhide
Response by NYCMatt
about 17 years ago
Posts: 7523
Member since: May 2009

"Farmers do a lot of physical labor so I'm sure that keeps them in shape."

Who said anything about farmers?

Ignored comment. Unhide
Response by aboutready
about 17 years ago
Posts: 16354
Member since: Oct 2007

an apartment 5-10 blocks away from Whole Foods and Trader Joe's may also get a boost in value. Healthy choices close enough to walk to but far enough away to get some exercise. This could get complicated. If the Mr. Softee truck, or the roving dessert vehicle, routinely stops in front of your abode that's got to decrease value.

Ignored comment. Unhide
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

you said midwest, which is where most of the farmers are. DUH!

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

That's where all the farmer's daughter jokes are set. DUH!

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

Mr. Softee and friends are my archnemesis. That jingle was developed by the KGB. My friend wrote the lyrics to it one hot Brooklyn summer a couple of decades when Mr. Softee was parked outside her window for four months, 24/7.

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

I guess it would be archnemeses.

Ignored comment. Unhide
Response by NYCMatt
about 17 years ago
Posts: 7523
Member since: May 2009

"you said midwest, which is where most of the farmers are. DUH!"

You realize that less than 10% of Midwesterners are farmers, yes?

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

You realize that Midwesterners are countable, yes?

Then "fewer", please.

Ignored comment. Unhide
Response by NYCMatt
about 17 years ago
Posts: 7523
Member since: May 2009

Count THIS.

Ignored comment. Unhide
Response by alanhart
about 17 years ago
Posts: 12397
Member since: Feb 2007

Relax ... I'm sure you weren't omitted in the count of Midwesterners.

Ignored comment. Unhide
Response by w67thstreet
about 17 years ago
Posts: 9003
Member since: Dec 2008

goolsbee how do you know 914 sold for $870K...

Ignored comment. Unhide
Response by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008

"while homeowners do experience significant joy, they also face more aggravation, spend less time with friends and are even heavier than renters living in comparable homes."

Is this because of or on top of the massive financial losses they are suffering?

Ignored comment. Unhide
Response by alpine292
about 17 years ago
Posts: 2771
Member since: Jun 2008

I'm sure many renters have experienced large financial losses in the stock market.

Ignored comment. Unhide

Add Your Comment

Most popular

  1. 11 Comments
  2. 5 Comments