According to a new national survey, American voters strongly
value homeownership. American's are making it clear that
owning a home remains the cornerstone of the American Dream and
would oppose efforts to weaken or eliminate the mortgage interest
deduction or diminish a federal role to help qualifi ed buyers obtain
affordable 30-year mortgages.
The survey done on behalf of the National Association of Home
Builders, polled 1,500 potential voters. The poll showed that three
out of four voters - both owners and renters - believe the government
should provide tax incentives to promote homeownership. As well as
helping home buyers secure an affordable 30-year fi xed mortgage.
73 percent of voters, across party lines, oppose eliminating the
mortgage interest deduction. More than two thirds of them say
they would be less likely to vote for a congressional candidate who
proposed to abolish the deduction.
Politicians take heed! The American people are speaking up and
looking to it's leaders for solutions.
Some of the key fi ndings of the poll were:
• 96 percent of homeowners are happy with their decision to own,
even those "underwater", or owe more than their mortgage is worth.
• 79 percent would recommend owning over renting to a friend or
• Voters consider homeownership and a retirement savings program
as their best long-term investment.
• Nearly 70 percent or non-homeowners say that it is a goal of theirs
to own a home. The number one reason for not, job uncertainty and
saving for a down payment.
Even in a down market, homeownership remains a core American
value. Let those running for offi ce in November understand that
voters, like yourself, will not look kindly on those seeking to dismantle
America's long-term commitment to homeownership.
As always, thanks for making 2FindYourHome you trusted source
for everything real estate, in print and online.
John B. Leonardi, RCE
CEO, Buffalo Niagara Association of REALTORS®, WNY Real Estate Information Services, LLC
200 John James Audubon Parkway , Suite 201, Amherst, New York 14228, ph 716.636.3699 • fax 716-636.9121 • www.bnar.org