Majority of Americans worry about paying for housing: poll – IOTW Report

Majority of Americans worry about paying for housing: poll

Just The News

Amid high inflation numbers and other deteriorating economic conditions, a significant majority of Americans fear they will be unable to pay their housing costs in the next year, according to a recent poll.

The Federal Home Loan Mortgage Corporation (Freddie Mac) poll revealed that 62% of Americans are somewhat or very concerned about the issue. Moreover, 69% feared rising housing costs in general while 58% said they had already witnessed an increase. Housing expenses went up by at least 30% for 6% of respondents.

Freddie Mac conducted the poll June 6-10 at a time when gas prices reached their peak and inflation was at record highs. more here

17 Comments on Majority of Americans worry about paying for housing: poll

  1. Where is the Misery Index that we used to have with the peanut farmer… or shall we call it something else since this time around it’s deliberate!

  2. Not just housing, the taxes if you buy.
    Our property taxes went up 30% last year and another 6 this year.
    This year we are paying $100 more per quarter.
    The spending and expansion of govt is rampant.
    Rents are ridiculous. Higher than Boston in our area now.

    Anyonymous is right. Stop voting Dirty Dem

  3. Sign here , resident tenet. PS : You NEVER actually own it. EVER. THEY will always get it back. Eventually. Over and over, again. This is how they rolled it. Since the beginning of those bank trust deed schemes.

  4. Amid not being able to afford a home, Illinois has “Amendment 1” on the ballot in November. It transfers power over taxpayer money to government worker unions. Giving government union leaders virtually limitless new ways to demand higher costs from taxpayers. It grants government unions unprecedented bargaining powers as a “fundamental right,” including the power to override voters and state lawmakers. When it passes (it will, sure as Pritzker will be reelected Governor) because it’s disguised as “workers rights amendment,” the average property tax will increase $2100 over the next 4 years, for starters. That’s after the average home has already paid $2000 more under Pritzker.

    A few more years of this, IL will be the highest taxed state.

    To smooth over and “rescue families” from inflation, IL is giving homes that make less than $400k (married) a whopping $50 in stimulus because of “democrats responsible budgeting.” (they actually said this)

    They are getting away with this because people are leaving the state that is keeping home prices suppressed in relation to other democrat hellholes. Average home prices in the utopia of Chicago are “only” up 10% the past year. Of course, if you want a home that’s not in the ghetto, those prices are up 30%.

    I hate this state so much, but I’m pretty sure IL hates its citizens just as much if not more.

    /rant off, carry on.

  5. I believe that God has all the power to right this horrible mess and has given the wisdom and skills to President Donald J. Trump to be our David to the evil Goliaths. God always wins. Pray for the safety of President Trump and his family.

  6. I’ve mentioned this before, but tax revenue automatically goes up with inflation, yet these greedy democRATz want to give us the Double Whammy and increase the percentages too!! They’re killing the goose that laid the golden egg… maybe cuz the greedy bastards are gittin while the gittin’s good, before this whole house of cards collapses!

  7. And meanwhile a new diesel truck will cost you around 100K. But they’ll finance it for 15 years.
    Expect to see mortgages go to 40 and 50. This can’t sustain it self.
    They say California is always a couple years ahead of the rest of the nation. Luck us. Well California has destroyed it’s middle class. And that’s what’s going on here.

  8. Oh, don’t worry about paying for your house, honey! We’ll be taking it from you for redistribution soon enough whether you pay for it or not!

    You will own nothing and be happy!

    Do you think we’re kidding about that?

    …well, not about the FIRST part, anyway…

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  10. Rents up, food is up, gasoline and diesel are up, interest rates are up, medical needs are up, electricity is up, vehicles are up, everything is up except the purchasing power of the dollar, 401 Ks and the stock market….Down big time.

    Wait until you get your tax bill, that is going up too, even though Biden promised no one below $400,000 income would face an increase, NOT ONE CENT!! Lying SOB.

    And we’ll be paying for hiring 87,000 armed IRS agents to audit us and squeeze every penny they can. Damn communists !

    Do you wonder what the next 2 years will be like under the Biden economy??? No Job, No Money, No house, No food, No car.
    FJB and the democrats.

  11. Joe Btsfplk, I am praying for President Trump a lot lately because I honestly believe that he is a man after God’s heart like David was. Even though he is a sinner like we all are somehow he has found favor with God and the American people to help restore this great nation to its founding principles. I liken him to the prophet Nehemiah rebuilding the wall around Jerusalem with all the opposition of the deep state disciples just like Sanballat and Tobiah, the smooth-talking emissaries of the ancient Jewish government who attempted to dissuade Nehemiah from rebuilding the wall. One of my favorite TS Eliot poems is Choruses from “The Rock”, in which TS describes Nehemiah rebuilding the wall. Part 5 is the key where Nehemiah says, “O Lord, deliver me from the man of excellent intention and impure heart: for the heart is deceitful above all things and desperately wicked. Sanballat the Horonite and Tobiah the Ammonite and Geshem the Arabian: were doubtless men of public spirit and zeal. preserve me from the enemy who has something to gain: and from the friend who has nothing to lose. Remembering the words of Nehemiah the Prophet: “The trowel in hand, and the gun rather loose in the holster.”… I believe that we are in the midst of a spiritual war and not just a natural war and that God might use President Trump and those who pray for and support him to deliver this country out of darkness. Keep on praying because God is our only hope, it’s certainly not our immoral, anti-god govt. which is totally hell bent on destroying America as it was founded.

  12. Am I the only one or are others being told my comments are being subject to moderation before my comments on IOTW can be posted.


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