{"id":519475,"date":"2010-04-07T12:47:00","date_gmt":"2010-04-07T16:47:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/fannie-mae-americans-still-want-to-buy-homes-2010-4"},"modified":"2010-04-07T12:47:00","modified_gmt":"2010-04-07T16:47:00","slug":"survey-explains-why-were-doomed-to-housing-bubble-after-housing-bubble-after-housing-bubble","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/519475","title":{"rendered":"Survey Explains Why We’re Doomed To Housing Bubble After Housing Bubble After Housing Bubble"},"content":{"rendered":"

\"fannie<\/a>A new Fannie Mae survey<\/a> (via Felix Salmon<\/a>) gives a sad picture of the American homebuyer.<\/p>\n

On one hand, people are cautious and have more doubts than ever about the safety of houses as investments.<\/p>\n

But…<\/p>\n

Basically, Americans still dream of owning a home and there’s little to dissuade them.<\/p>\n

Even after so much pain, there’s little hope people will stop wanting to own homes, and thus the government will inevitably oblige, sticking with all manner of incentives to keep the dream alive.<\/p>\n

See the sad news here ><\/a><\/h2>\n

It’s true. Nobody really knows where housing is going.<\/h2>\n

\"It's<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Americans still think owning a home is a better deal than renting<\/h2>\n

\"Americans<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Americans think it is a great time to buy a home<\/h2>\n

\"Americans<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Most Americans think homeownership is VERY important to local community<\/h2>\n

\"Most<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

A majority of non-homeowners WOULD buy a home if their credit didn’t suck… that’s prime market for a sub-prime lenders!<\/h2>\n

\"A<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Most believe homeownership is VERY important to the economy<\/h2>\n

\"Most<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

13% of Americans have lost faith in real estate investments… BUT MOST STILL BELIEVE<\/h2>\n

\"13%<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

If they had to move, most Americans would look for a house to buy<\/h2>\n

\"If<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

A majority of homeowners say they have SACRIFICED to own their home<\/h2>\n

\"A<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Half of all renters plan on buying a home in the near future<\/h2>\n

\"Half<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Most Americans don’t care if you have an underwater mortgage or financial difficulties, you SHOULD NOT default on your mortgage<\/h2>\n

\"Most<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Most do not blame the mortgage company for the subprime crisis<\/h2>\n

\"Most<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Most delinquent mortgagers have not even considered default<\/h2>\n

\"Most<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Because defaulting on your mortgage is “immoral”<\/h2>\n

\"Because<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

But here’s the thing: people WILL consider default if they see other people default<\/h2>\n

\"But<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

And in the end, RENTERS are more confident about their financial situation<\/h2>\n

\"And<\/div>\n

Source: Fannie Mae<\/a><\/p>\n

<\/p>\n

Now check out…<\/h2>\n

\"<\/p>\n

Image: Zillow<\/p>\n<\/div>\n

The 10 Housing Markets In America That Are Still Wildly Overvalued<\/a><\/h2>\n

<\/p>\n

Join the conversation about this story »<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

A new Fannie Mae survey (via Felix Salmon) gives a sad picture of the American homebuyer. On one hand, people are cautious and have more doubts than ever about the safety of houses as investments. But… Basically, Americans still dream of owning a home and there’s little to dissuade them. Even after so much pain, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-519475","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=519475"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/519475\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=519475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=519475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=519475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}