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Study: crisis affected views on home ownership

Started by jason10006
almost 16 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
:Study: Foreclosure crisis has affected views on home ownership A Fannie Mae survey shows a drop in the percentage of people who think home ownership is better than renting. The survey also found that most do not expect home prices to rebound soon. The survey was aimed at measuring the effect of the foreclosure crisis on people's attitudes about home ownership. The number of people who viewed home ownership as a safe investment was 70%, down from 83% in 2003." The Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2010/04/06/AR2010040600134.html
Response by somewhereelse
almost 16 years ago
Posts: 7435
Member since: Oct 2009

Did I not call this a year or so back?

Like with stocks, once folks no longer thing of it as "safe", it influences valuations...

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