To rent or own? A Serious question to consider carefully. Poverty or prosperity? This is the hidden reality behind the question. Women need to empower themselves with the knowledge of how to become property owners. It is crucial for all women to own rather than rent. Here are some frightful facts.
Women perform nearly two thirds of the world's work. Yet they receive less than 10% of the world's income and own less than 1% of the world's property. These are stunning statistics. The face of poverty has been and continues to be, overwhelmingly female: 70% of the 6.6 billion people in the world who live on less than $1 per day are women. The global power brokers, meanwhile, are overwhelmingly male - women hold an average of only 10% of legislative seats worldwide, and a mere six percent of cabinet positions in national governments. It's not because women are incapable or lazy. These statistics, which threaten to alienate or depress us as women can be spurs to action.
As Canadian women we do not realize how lucky we are and what an advantage we have in being able to own property. But we do not take advantage of the opportunity which is stunningly unavailable worldwide to most women. Property ownership is personal and social empowerment.
Here are some of the advantages of Property Ownership:
- Women who own property are better positioned to improve their lives and cope should they experience crisis.
- Women can use a house or land as collateral for credit during a financial crisis or to invest in a small business or other income-generating venture.
- Asset control also can give women greater bargaining power within households and help protect against the risk of domestic violence.
Housing affects the health and wellbeing of women in many ways: - Location: This impacts employment and community infrastructure, education, transport, health services, shoppikng.
- Housing type and tenure affects:
- public health
- safety and crime risk.
- empowerment and control over the surrounding environment
- sense of family and community belonging
- access to support networks
Little data exists on the magnitude of the gender asset gap within this country and worldwide but the data that does exist suggests that the distribution of land by gender is EXREMELY unequal.
Women NEED to consider seriously OWNING NOT RENTING property.
For information on how to begin the process of empowering yourself with property ownership contact me. I can help.
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