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One implication of the study below is homeownership tends to make people more responsible:

Who's got the higher credit scores -- homeowners burdened with heavy mortgage debts, or renters who have no mortgage debt whatsoever?

A new study, based on a nationally-representative sample of three million individual credit files, concludes that it's not even close: Homeowners may lug around substantially bigger household debt loads, but their average credit scores are 55 points higher than non-owners.

http://realtytimes.com/rtpages/20060828_renterscore.htm

Recent information from the Survey of Consumer Finances by the US Federal Reserve indicates that most of all the wealth in America is concentrated among homeowners.

The average homeowners net worth is $171,700 and the average renters net worth is a measly $4,800.

http://www.modestofamous.com/node/4013