One-Third of Americans Cite Housing Costs as Their Greatest Financial Worry

by | Sep 13, 2023 | 2 comments

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Roughly one-third of Americans are citing housing costs as the economic issue that worries them the most, according to a new Quinnipiac University poll.

In a survey of 1,910 adults polled between Sept. 7-11, roughly half of respondents (49%) said the price of gas and consumer goods was the economic issue generating the greatest level of agita, while mortgage or rent costs worried 34%. Less concern was generated by the stock market (9%) and the respondents’ job situation (4%).

Housing jitters have become more pronounced since Quinnipiac University’s January 2023 poll on the same topic, when 48% said the price of gas and consumer goods created the greatest worry, followed by 28% citing housing costs, 14% pointing to the stock market and 5% expressing nervousness about their job situation.

Broken down among demographics, the percentage of those citing housing costs as a primary worry was higher among Democrats (49%) versus Republicans (20%) and independents (40%). Men and women were almost equally apprehensive (35% versus 37%), and the worry was stronger among Blacks (55%) and Hispanics (38%) than Whites (31%). Respondents between the ages of 18 to 34 named housing as their biggest economic issue (55%), while those over 65 had the least concern (21%).

2 Comments

  1. Stop faking the construction costs, supply shortages 4 million years after covid. They all know it works in their favor by pretending they are behind and charging clients astronomical pricing.

    Reply
  2. The Democratic state(CA) Has upped development fee$$$ astronomically on everything they touch, the hypocrites are working on low income housing but strangling the private sector economically.

    Reply

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