4 in 5 Americans Say Affordability is a Problem

(RECAP: If you are looking for an upbeat assessment of consumer sentiment regarding housing, a recent survey by the MacArthur Foundation is not the place to go. Its most recent survey of housing attitudes shows many Americans feel that home ownership is increasingly out of reach and close to a third of respondents don’t think the housing crisis is over. In the 2016 How Housing Matters Survey, Americans overwhelmingly consider stable, affordable housing as essential to economic security for families, tying with saving for retirement at 85 percent, behind only having a good job at 90 percent. Yet 81 percent of respondents believe housing affordability is a problem and six in 10 called it a serious problem. Sixty-eight percent believe it is more challenging to secure affordable housing today than it was for previous generations, a belief held across all educational, income, regional and demographic cohorts.