Markets & Economy

Most Americans think the housing crisis isn’t over

Survey: 8 out of 10 think housing affordability is a problem

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Many potential homebuyers or sellers may be waiting on the sidelines because they think the housing market is still in the gutter. Six out of 10 Americans think that we are either "still in the middle" of the housing crisis or "the worst is yet to come," according to a survey released by the MacArthur Foundation. That reflects some improvement in sentiment from a year ago, when a combined 70 percent thought the housing crisis was still in full swing. But the general pessimism continues to indicate "ongoing concerns about housing affordability as well as lingering trauma," the MacArthur Foundation said. “Decent housing at an affordable price remains a challenge for an increasing number of Americans, even after the recession has formally ended,” said MacArthur President Julia Stasch in a statement. "People want and expect solutions to the housing crisis to be a higher priority for both national and local leaders alike," she added. Close to 8 out of 10 respondents s...