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Poll Shows Majority of Americans Still Consider Home Ownership a Good Investment
Posted on August 18th, 2016


The National Home Builders Association recently commissioned a poll in which more than 2800 registered voters were surveyed. The purpose of the poll was to to gauge public sentiment on the value of home ownership and government programs that encourage home ownership and housing production.

“The survey shows that most Americans believe that owning a home remains an integral part of the American Dream and that policymakers need to take active steps to encourage and protect home ownership,” said NAHB Chairman Ed Brady.


Here the results by the numbers:


  • 82% of those surveyed believe that owning a home is a good investment - even better than stocks or bonds
  • 81% of 18-29 year-olds want to own a home
  • 64% are in favor of tax incentives, such as the mortgage rate deduction, to incentivize buyers
  • 46% say that they believe now is a good time to buy a home
  • 36% of those polled plan to buy a home in the next three years


 


As the economy continues to gain strength, more and more people are looking to buy homes - and they consider it an excellent investment. Workers of all trades are in high demand. It is an excellent time to jumpstart your career as a licensed contractor! Give UTCLC a call to find out how we can help you.


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