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Seems that there's still love for housing in the U.S., as 89% say homeownership is an important...

Seems that there's still love for housing in the U.S., as 89% say homeownership is an important part of the American dream, according to the latest NYT/CBS News poll. Despite all the problems, a persistent belief endures that the market will eventually improve and housing will regain its traditional importance.
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  • Fin858
    , contributor
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    Note that it is a 'dream', not a right. Encouraging homeownership via below market interest rates from Fannie and Freddie was the underlying issue with the mortgage boom.
    30 Jun 2011, 09:55 AM Reply Like
  • hadanlo
    , contributor
    Comments (8) | Send Message
     
    Great comment and awesome photo.

     

    Good luck on Level 3!
    30 Jun 2011, 10:04 AM Reply Like
  • Fin858
    , contributor
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    thanks, man!
    30 Jun 2011, 10:08 AM Reply Like
  • kmi
    , contributor
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    Perhaps we would benefit from a review of how many single family homes there are in the US versus multifamily and co-op/condo.

     

    I suspect the country leans heavily towards single; whereas we'd likely see in other advanced economies there is a trend to smaller multifamily living in dense urban centers, here we have sprawling expanses of suburban and ex-urban communities as a result of traditionally cheap commuting costs.

     

    The very concept of being an american is defined by the way we live...
    30 Jun 2011, 10:32 AM Reply Like
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