Dive Brief:
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Even as sales of single-family homes drop, most Americans say home ownership is “a highly desirable goal.”
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The most recent COUNTRY Financial Security Index revealed that 89% of Americans want to buy homes and 64% believe that’s a realistic goal for the average middle-income family. That optimism has improved by 23% since last year.
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Two age groups disagreed: Respondents from age 30 to 39 and from age 50 to 64 said owning a home is not attainable for a middle-income family.
Dive Insight:
One-fifth of non-homeowners younger than 30 told researchers they were not interested in owning homes, a response that reflects the recent massive influx of young adults to multifamily rental housing.