A recent poll commissioned by the National Association of Home Builders found Americans were almost evenly split when it came to which presidential candidate would help the housing market more. according to the poll, 38% thought Hillary Clinton would be better for housing, while 37% felt Donald Trump would be the best choice. A further 25% said they didn’t know or had no opinion.
One thing Americans aren’t split on, however, is the feeling that owning a home is still a good investment.
According to the NAHB, an overwhelming four out of five respondents said home ownership was a sound investment move.
“The survey shows that most Americans believe that owning a home remains an integral part of the American Dream and that policymakers need to take active steps to encourage and protect homeownership,” said NAHB Chairman Ed Brady.
Other key findings include:
- 82% said “a home for you to live in” was a good or excellent investment. Homeownership scored far above the second-place option, retirement accounts, which scored 67%.
- 81% of 18- to 29-year-olds want to buy a home.
- 72% said they supported the government providing tax incentives to encourage homeownership.
- 46% said now is a good time to buy a home, while 23% said it is not.
- 36% would like to buy a home in the next three years.
- 55% said finding an affordable home was the biggest obstacle to homeownership, while 50% cited insufficient savings for a down payment and 41% cited difficulty in getting approved for a mortgage.
Americans are split on which presidential candidate would be best for housing – but the overwhelming majority still believe a home is a good investment.