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Home Ownership in Jeopardy?

Democracy!Not if voters have anything to say about it. 

"The American electorate is sending a clear message (to politicians) that owning a home remains a cornerstone of the American dream and preserving a federal commitment to home ownership is essential to maintain a thriving middle class and get housing and the economy back on track," said Neil Newhouse, a partner of Public Opinion Strategies who conducted a nationwide survey for the National Association of Home Builders.

The survey polled 1500 voters across the U.S. which revealed that voters will not stand for actions or threats by lawmakers to make it harder to own a home.

According to the survey, voters are telling lawmakers:

1.      Leave the mortgage interest deduction alone.

2.      Do more to help present and future homeowners.

7 out of 10 people who are not currently homeowners say they want to buy a home but it is too difficult in today's market.

"Even in a down housing market, home ownership remains a core American value, with the vast majority of citizens who do not currently own a home saying they want to buy a home," Bob Nielsen, president of the National Association of Home Builders, said in a statement. "Those running for office in November need to understand that voters will not look kindly on any candidates who seek to dismantle the nation's long-term commitment to home ownership."

Read the full article at NAHB.

Creative Commons License photo credit: JuditK




Posted on January 12, 2012 11:09:18 by Blog Author Scott.Shields
Scott.Shields
View my profile http://www.metrobrokerstv.com/home-ownership-in-jeopardy

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