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Most Americans pessimistic about the housing market, survey says
Most Americans pessimistic about the housing market, survey says

Seven years after the housing crash began, most people remain deeply dour about the state of the nation’s housing market. A new survey out this week from the MacArthur Foundation found that 70% of Americans still feel a housing crisis remains today or that “the worst is yet to come.” Although that’s lower than the 77% who felt that way a year ago, it suggests that double-digit percentage price gains over the last year haven’t inspired much confidence. Indeed, more than 40% of survey respondents said that the housing market remains a “serious” problem for the economy. And that’s translating into a shift of opinion on the role of housing in...

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