Industry News

Voters worried about real estate prices

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The lack of affordable housing is hurting the economy, said a majority of respondents to a survey conducted for the National Association of Realtors. About 81 percent of the participants in the survey also said that the lack of affordable housing in their area is a problem, and most respondents said they are worried that the high cost of housing will force their family to live apart and will force them to live in less desirable areas. Also, about 81 percent of respondents said they would be willing to support affordable housing in their area if the homes "were built in such a way that they fit with the area and were pleasant to look at." And 70 percent said they would like to see the government place a higher priority on making housing more affordable for both renters and homeowners in their area, while 62 percent of respondents said affordable housing is an important election issue. The survey of 1,000 adults living in urban or suburban areas was conducted by Public Opinion Strat...