Chicken
Little is Wrong: Homeownership Still the American Dream
|
|
Posted: 04 Nov 2013 04:00 AM
PST
 After the harrowing
challenges experienced by so many homeowners over the last few years, many
housing experts had predicted that the belief in homeownership as a major
element of the American Dream would soon die. There is now conclusive
evidence that these experts were wrong. As we reported
back in September, The Joint Center of Housing Studies at Harvard
University completed a study which concluded:
“The long term cultural
preference for owning seems to have weathered the recent housing crisis.”
Now, a second source recently
announced similar results. Fannie Mae just released their National Housing Survey of Delinquent Mortgage Borrowers.
The survey asked questions about the value of homeownership to the most
sensitive of all groups – those delinquent on their mortgages. Here is what
they found:
Of those delinquent
borrowers:
§ 74% still see
homeownership as better than renting when building up wealth
§ 71% still see
homeownership as better than renting when saving for retirement
§ 73% still see
homeownership as better than renting for overall financial stability
§ 80% still see
homeownership as better than renting as an investment plan
§ 70% still see
homeownership as better than renting for creating an overall tax strategy
Bottom Line
Homeownership has always been
and will always be a crucial piece of the American Dream.
  |
|
You are subscribed
to email updates from The KCM
Blog
To stop receiving these emails, you may unsubscribe now. |
Email delivery powered by Google
|
|
Google Inc., 20 West
Kinzie, Chicago IL USA 60610
|
|
With the provisionofinstant short term loans bad creditthe individual those who are in need of immediate cash can avail the funds even if their next pay to cheque is far away.
ReplyDeleteshort term loans no credit check
long term loans bad credit
Short Term Loans over 6 Months
Very Nice Blog. Thanks a lot for sharing such a great informative blog. I would like to share a bit of information about instantpaydayloansforunemployedstudents.
ReplyDeleteWhen it comes to perfect Aquarius for our homes, which are often very suspicious that it is difficult, time consuming and expensive decision, but there are a variety of forms, and aspects that can be considered to give a better chance if the achievement Ideal bathroom next to you wanted.
ReplyDeleteFor More Detail us at: http://www.ukbathroomhub.co.uk/