Survey: Obama better for housing?
Real estate brief
By Inman News, Monday, September 29, 2008.A new survey published Friday -- conducted online by Harris Interactive on behalf of real estate Web site Zillow.com -- found that between the two major presidential candidates, 58 percent of Americans think Sen. Barack Obama will better address the current state of the housing market than Sen. John McCain (42 percent).
According to the survey of 2,016 U.S. adults, the perception of who is better to address the housing market is heavily influenced by whether respondents own a home, which represents approximately two-thirds (64 percent) of U.S. adults. Among non-homeowners, some 67 percent think Obama will better address the housing market than McCain (33 percent). Among current homeowners, 52 percent of homeowners think Obama will better address the market versus the 48 percent who think McCain will.
The survey also showed housing market issues are among the top three most important issues affecting the United States that the new president should be prepared to address after taking office. The most import issues are energy/gas prices (82 percent), U.S. debt (70 percent) and housing/mortgage/foreclosure (63 percent), although this varies based on which candidate respondents plan to vote for. For example, of the 41 percent who said they plan to vote for Obama in November, 71 percent think housing/mortgage/foreclosure issues are among the most important compared with 52 percent of those who plan to vote for McCain.
According to the Zillow survey, 14 percent of adults say they don't know who they plan to vote for; 6 percent declined to answer; and 7 percent say they do not plan to vote in the upcoming presidential election.
***
What's your opinion? Leave your comments below or send a letter to the editor.
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
You must login or register to post a comment.
Submitted by Brandon Green on September 29, 2008 - 11:25am.
Considering the party in power is usually held to blame--and it's candidate for president has more homes than he can remember--the poll's result isn't that surprising.
Submitted by Jeff Manson on September 29, 2008 - 1:39pm.
You have got to be kidding, if you think can take this poll seriously. Based on only 2016 people from a real estate website. Lets get real. Government pushing themselves on the free market is what caused this mess. Barack supports that.
Jeff Manson
American Dream Realty
Hawaii real estate agent
Hawaii real estate company
Submitted by Emmanuel Scanlan on September 29, 2008 - 1:55pm.
I own a home and I don't feel either of them are better for the housing industry, unless you are big business in housing. Neither will provide any benefit to the "Mainstreet American". Both will continue with business as usual and the common person will continue to be downtrodden!
PS Inspection & Property Services LLC
www.psinspection.com
Knowledge is power, but sharing knowledge brings peace!
Submitted by Bruno Skopinich on September 29, 2008 - 2:02pm.
If this survey was based on "FEELINGS", then I can understand why Obama would be the winner.
If the survey was based on "REALITY", then McCain would be best!
Unfortunately many Americans are living their lives based on feelings.
Submitted by Catherine Read on September 29, 2008 - 2:04pm.
Polls are unreliable and their methodology antiquated. I don't believe any of the polls where this presidential race is concerned.
We didn't get into this situation overnight. It only appears to be sudden, when in fact it was years in the making. It will take years to right the situation and it falls to more than one man to do it. Voters should hold their elected representatives in Congress accountable for what is or is not done where the economy is concerned.
That being said, Obama in '08!
Catherine S. Read
Creative Read, Inc.
Submitted by Wenceslao Fernandez Jr, BS, Realtor, CDPE on September 29, 2008 - 2:43pm.
Certainly, what we're facing is nothing new.
Robert Kiyosaki, the New York Times Best Selling author of the book “Rich Dad, Poor Dad” also published “Rich Dad’s Prophecy: Why The Biggest Stock Market Crash In History Is STILL Coming and How You Can Prepare Yourself and Profit From It!”
Did you notice were our markets finished today? Wait...there will be more if we don't get jiggy with it - FAST!
Noone listened to Greenspan either when he warned this was "unsustainable exhuberance". Why aren't we interviewing him?
Perhaps because there are those who blame him too when in reality, this is a collective problem, collectively created by every single individual on this planet who forged a document to get a loan or to give out a loan, as well as those "creative minds" who created the derivatives and derivatives of those derivatives, even they do not understand, and the dumb investors around the planet who continued to buy them.
Even Freddie and Fannie for bending to ease requirements and become part of the problem, to the very politicians in every committee that helps oversee our financial and banking systems.
Now, we all must pay the piper...and, there is no escape. Just see what is happening accross our oceans in Europe and Asia. Their troubles could be felt again here for a double blow!
www.MiamiRealEstateKing.com
Certified Distressed Property Expert
Miami-Dade County, Florida.
Submitted by Joshua Deeden on September 29, 2008 - 8:00pm.
Instead of "feeling" like one candidate might be better than the other, can anyone here present evidence why one candidate would be better than the other? And from who's perspective? The so-called tax payer? Who is that? The homeowner? The investor?
Just because John McCain is a Republican doesn't mean he has any economic brain power. His whole policy is to cut taxes and cut spending. Seriously? Doesn't sound like he has a very sophisticated grasp of the economy if he can't provide any more depth than that.
Then again, I haven't looked at his policy papers online, so if you have, please quote to me the policies that would make my life better as either a homeowner or an investor.
I mean, I've looked at both tax policies and I gotta say, Obama's looks more sustainable to me. If I'm wrong, then I'm sure someone will tell me as much.
Submitted by Bruno Skopinich on September 30, 2008 - 9:12pm.
Obamas policy is no different than Jimmy Carter's.
Remember 18% interest rates on mortgages. Forget about $4.00/ gallon of Gas... they had No Gas!
People in Free Market capitalist countries Live Much Better than Socialist countries. So why try and change that?
Do you think that Obama is Really going to give you something for Nothing? If so... I got this bridge for sale... in Brooklyn.