Americans bet high on housing
Survey: Despite troubles, more than half believe home ownership still attainable
By Inman News, Tuesday, April 22, 2008.A recent survey from AOL Real Estate and Zogby International probed Americans' views on the constantly evolving real estate market, finding optimism in home ownership, despite current hardships.
More than half of the survey respondents said they believe home ownership is still attainable for most people, while 43 percent said they spend more than 30 percent of their household budget on housing, which according to the U.S. Department of Housing and Urban Development indicates they are "cost burdened."
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