A recent survey by Houselogic.com, the consumer website from the National Association of Realtors, finds that jobs and the housing market will be two of the most important issues for voters in the 2012 election. Nearly one-third of respondents said housing will be the top issue on their mind when they head to the polls next November.
“We need to keep housing first on the nation’s public policy agenda, because housing and home ownership issues affect all Americans,” said NAR President Moe Veissi, Veissi, broker-owner of Veissi & Associates Inc., in Miami. “The results of this survey show that many Americans understand that.”
Respondents were asked “What issue area will have the greatest impact on your vote in 2012?” National security, healthcare, and energy/environment trailed housing and unemployment by wide margins: Jobs/unemployment – 54 percent; Housing – 27 percent; National security – 8 percent; Healthcare – 4 percent; Energy/Environment – 2 percent; and Other – 4 percent.
With unemployment still high, it is easy to see why so many Americans are concerned about the job market. However, employment and the housing market are inextricably linked. Housing accounts for more than 15 percent of the U.S. Gross Domestic Product – it’s a key driver of the national economy.
“NAR actively advocates public policies that promote responsible, sustainable homeownership, which will in turn support overall economic recovery,” said Veissi. “We want to ensure affordable, accessible financing; support tax policies that encourage homeownership; and help more people stay in their homes or avoid foreclosure through streamlined short sales.”
For more information, visitwww.houselogic.com.