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Nearly 70% Want Housing Solutions from Candidates: Survey

Nearly three-quarters of Americans will look for positions on housing from presidential candidates for the 2012 election cycle, according to a recent survey.

Move, Inc. released the findings in a survey that it facilitated in phone interviews with respondents in early October.

According to the survey, some seven in 10 Americans, or roughly 70 percent, expect candidates for the presidency to address housing concerns.

Of these, nearly 71 percent identified themselves as Millennials, which Move, Inc. described as “the next generation of homebuyers and the segment expected to play as important a role in the 2012 elections as they did in 2008.”

“After four years of living in a housing downturn, American voters clearly want answers and are looking to our elected leaders for solutions,” Errol Samuelson, chief revenue officer with Move, Inc., said in a statement.

“The survey illustrates candidates who share the concerns of the American people and make housing a top priority

will win their confidence,” he added.

Approximately 82 percent, or four out of five survey respondents, favored notions that housing is “critical” to the broader economic recovery, Move, Inc. said.

About 73 percent, or nearly three quarters, of all Americans cited concerns that home purchases will take more effort a year from now, compared with approximately 23 percent, or less than a quarter, of respondents who believe conditions for purchases will improve.

When it came to questions about government participation in the housing market, one in three Americans, or 31 percent, held to the belief that Uncle Sam should continue his role in the industry as is, compared with about 42 percent of respondents – particularly those between ages and 64 – who called for a reduction in the government’s housing role.

In line with these questions, about 67 percent, or more than two-thirds, of all Millennial Americans said Congress and the president should reduce the role of the government in housing or maintain the status quo.

The survey comes on the heels of modifications to the Home Affordable Refinance Program and a bevy of reports from news outlets that suggest Republican presidential candidates continue to stay mum on housing questions in their debates.

National Public Radio quoted candidate for the Republican presidential nomination and former Massachusetts Gov. Mitt Romney as recently answering a question about the housing crisis at a debate by saying, “The right course is to let the markets work, and in order to get markets to work and to help people, the best we can do is to get the economy going.”


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