Here are a few benefits of homeownership in the city of Cerritos, California:

1. Appreciation in property value: According to Zillow, the median home value in Cerritos is $862,000, which is higher than the national average. Given the city's popularity, the value of the properties is expected to continue on an upward trend, making homeownership a wise investment in the long run.

2. Tax benefits: As a homeowner, you could benefit from tax deductions such as mortgage interest and property tax deduction.

3. Security and stability - As a homeowner, you have control over your living space and can make upgrades or modifications that suit your lifestyle. Additionally, buying a home can provide stability and a sense of community, especially in a city like Cerritos, which has a low crime rate.

4. Equity and wealth building - Over time, you build equity in your home as you pay off your mortgage. This can provide a source of wealth accumulation and financial security.

5. Pride of Ownership - When you own a home, you have more personal freedom to decorate, landscape, and modify it as per your preferences, which in turn, encourage self-expression and creativity. Not to mention the sense of pride that comes with owning and maintaining a home!