Housing policy key in 2012 election

TRD New York /
Nov.November 08, 2011 12:53 PM

Seven in 10 Americans say housing will be a crucial issue during the 2012 presidential and congressional elections, according to a survey by Move Inc. cited by the Wall Street Journal. After all, four out of five Americans say housing is key to the economic recovery.

The Journal noted that candidates would be wise to take heed of this 1,000-person poll, as states that have served as critical swing states in past elections, specifically Florida and Nevada, were also the ones hit hardest by the foreclosure crisis.

But presidential hopefuls shouldn’t confuse the importance of housing with a need to get government involved. Just 21 percent of respondents said government should increase its role in the sector, and twice that many said the government ought to reduce involvement.

“A great way to improve consumer confidence is to have clarity around housing policy,” said Errol Samuelson, chief revenue officer of Calif.-based Move Inc. [WSJ]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
(Getty)

Manhattan rents fall below $3,000 for first time since 2011

Manhattan rents fall below $3,000 for first time since 2011
SL Green CEO Marc Holliday with 410 Tenth Avenue, One Vanderbilt and 126 Nassau Street (SL Green, Google Maps, Wikimedia, iStock)

SL Green’s lament: Office comeback “always right around the corner”

SL Green’s lament: Office comeback “always right around the corner”
Howard Hughes’ Saul Scherl and a rendering of 250 Water Street (Getty, The Howard Hughes Corporation/SOM)

Howard Hughes to launch review process for $1.4B Seaport tower

Howard Hughes to launch review process for $1.4B Seaport tower
Paul Singer of Elliott Management (Getty; iStock)

Billionaire Paul Singer’s hedge fund dumps NYC for West Palm Beach

Billionaire Paul Singer’s hedge fund dumps NYC for West Palm Beach
Mayor Bill De Blasio and HPD Commissioner Louise Carroll (Getty; HPD; iStock)

De Blasio restores $466M to housing capital budget

De Blasio restores $466M to housing capital budget
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...