Housing Costs Will Affect Voters In November
More than half of homeowners and renters will partly base their choice for President on housing affordability.
That’s according to a new survey commissioned by Redfin and conducted by Qualtrics last month. The survey found that 53.2% of respondents will be informed by housing in November’s presidential election.
On top of that, 64.2% of homeowners and renters said the state of housing makes them feel negative about the economy.
“Housing affordability is top of mind for voters because elevated mortgage rates and home prices, along with an acute housing shortage, have pushed the dream of homeownership out of reach for many Americans,” said Redfin Chief Economist Daryl Fairweather.
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