May 23, 2012 1 Comment
New National Poll: Americans Still Want to be Homeowners
Americans Back Government Support to Preserve 30-Year Mortgages
WASHINGTON – A new survey by the Woodrow Wilson International Center for Scholars finds that despite the bursting of the housing bubble, an overwhelming majority of Americans still feel that homeownership is both important to them and a part of the American Dream. A majority also said homeownership should be a national priority.
Despite the importance placed upon homeownership, however, more than 40% of respondents also said the federal government was too involved in developing policies to assist with homeownership. Only 29% of respondents favored the removal of the federal government from mortgage financing when they were informed that this would increase the cost of home loans and eliminate the availability of 30-year mortgages.
Respondents also had unfavorable views of mortgage institutions Fannie Mae and Freddy Mac.
To view or download a copy of the survey results in graph form, click here.
To view the survey results in full, click here.
Notes to Editors
- This survey was conducted as part of a conference on that status of homeownership after the 2008 housing bubble burst and current American attitudes towards homeownership. Various stakeholders spoke about the housing market and consumer attitudes, including keynote presentations by Sen. Bob Corker, ranking member of the Subcommittee on Financial Institutions and Consumer Protection, and Jim Millstein, former chief restructuring officer at the U.S. Treasury Department. For a full schedule of the day’s events and video of the keynote presentations, click here.
- These key findings are based on telephone interviews with N=1,000 registered “likely” voters nationally. Responses to this survey were gathered May 13-15, 2012, and the confidence interval associated with a sample of this type is + 3.1%.
- The Wilson Center provides a strictly nonpartisan space for the worlds of policymaking and scholarship to interact. By conducting relevant and timely research and promoting dialogue from all perspectives, it works to address the critical current and emerging challenges confronting the United States and the world.
Contact: Drew Sample
Phone: (202) 691-4379
Posted by: PAGE staff