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Yahoo! Study: Homeowners Want Political Action
On the brink of a Presidential Election year, a majority of American adults believe that the federal government should do more to assist homeowners, many of whom have troubled mortgages or are teetering on foreclosure or bankruptcy.
That’s a key finding of a Yahoo! Real Estate survey of 1,500 current and aspiring homeowners, fielded in October. The study, known as Home Horizons 2012, was mapped to the U.S. adult population of homeowners and renters.
Altogether, 51% of American adults agree that the government should do more to rescue homeowners at risk of losing their mortgage, while 27% disagree and 22% don’t have an opinion. Among those with opinions on the matter, about two-thirds believe the government should offer additional assistance such as low-cost loans.
The study also finds that four out of five adults believe that the 2012 Presidential Election will have either a small or large influence on the housing market. Altogether, 43% of respondents believe that the national election will have a large influence on the housing market.
