American wants their own home even if it came out expensive because of the crisis


The collapse in property prices has done little to deter the confidence of Americans that the home is still the best long term investment. According to the research institute Pew (Pew Research Center) is still 81% of citizens of the United States to some extent agreed with this statement. They reduce modestly - from 84 percent 20 years ago. The results still show some shaking their confidence - 37% were highly confident in the above statement compared to 49% of the same opinion in a similar survey in 1991 conducted by CBS News and the New York Times. Against the backdrop of a five-year housing crisis, which managed to shake and the financial system and overall economy, and after almost one-third drop in prices this determination is remarkable. But Americans "are not blind to what has happened to prices, analysts note. 47% of the 1,222 th owners (2,142 persons were participants in the study) recognize that their home is worth less than before the recession. Another 31% believe that they have gained from their investment in this period. 86% of those who think that the value of their homes has declined, also do not believe to see a recovery before you take at least three years. Targets 42 per cent do not expect this to happen in the next six years. Overall, owners look more positive financial benefits from its own property by tenants. 41 percent strongly agree that this is the best long-term investment that can be done in 31% of tenants. (The sample includes 57% owners, 30% tenants. The other participants in the study lived in various of these conditions, for example with his family.) Tenants are not immune to the attractiveness of the property, even after the five-year decline in the market. Asked if hired, because they have chosen, or simply can not afford to buy a home, only 24% said that the decision is theirs. Targets 81% said they would buy if they can do. Those surveyed were asked to rank the four most important long-term financial goals. Property and that "you can live comfortably after retirement" received the highest rating. Both are extremely or very important in more than 80% of interviews. Almost as many (73%) placed first opportunity to pay for the education of children. For more than half (53%) is important to be able to leave something in their heritage. Almost a quarter (23%) say they would buy the same house again if they have such an opportunity. But only 31% of them citing financial reasons, but only 16% - loss of value due to the fall in prices, which means that the financial benefits and losses are less important to buyers. The other 15%, which unfortunately is prompted by financial reasons, according to major factors like changes in their income in state of the economy. Six out of ten dissatisfied customers cite reasons related to the choice of the particular property - as the dwelling itself or its location. The study sets a new light some of the stereotypes about attitudes towards housing as for financial investment and neglect of property overseas.

Published on 2012-05-22 10:17:22
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