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Interesting. I know that's come into vogue lately, but for decades the thinking has been homeownership is the American dream. Why wouldn't you be caught dead owning a home?
I don't willingly take on debt, for one. Plus, it's less...hmm, liquid? If I buy a home, I'm pretty much STUCK right there. As it stands, I can move all around town.
I'm also not responsible for putting on a new roof, buying a new water heater, mowing the lawn, or--God willing--shoveling snow.
I am just wondering how this breaks down on CD. We hear so much about Repubs do this or Dems do that or Dems overspend or Repubs are for personal responsibility. Where do you stand?
Oh, and for the sake of ease, if you're an independent you can just check off based on your leaning.
Oops! I forgot the I have no mortgage part, but I figure most people do.
I am neither and although I worry about losing my house it is not something I anticipate will happen (but you never know).
I voted that I was a dem with no fear of foreclosure, but our house will be paid for by summer. No other debt on anything at all. I think lots more people own their homes outright than you realize.
I voted that I was a dem with no fear of foreclosure, but our house will be paid for by summer. No other debt on anything at all. I think lots more people own their homes outright than you realize.
No, I know a great many do. Heck, I do. I guess it's because 1 in 45 now are going into foreclosure. That's remarkable.
This is not exactly a scientific poll. It will only draw a certain type of person and those living on the streets are probably not the ones with access to it right now.
And I am a Dem too, but I tell you even though my house is paid off, I live in fear I am going to evetually end up under some bridge someday.
I can't answer the poll. I'm neither a democrat or republican. I rent right now but that's not my preference.
That's pretty much my answer. I'm an independent/libertarian of sorts (definitely closer to Dem than Rep), and I rent but not necessarily by preference. Just not quite stable enough to make that commitment, not to mention the average home price here is $850K - and I'm a single woman with a career that pays well, but not THAT well. I'd like to get a home one day, but for now I'm okay with renting.
No, I know a great many do. Heck, I do. I guess it's because 1 in 45 now are going into foreclosure. That's remarkable.
This is not exactly a scientific poll. It will only draw a certain type of person and those living on the streets are probably not the ones with access to it right now.
And I am a Dem too, but I tell you even though my house is paid off, I live in fear I am going to evetually end up under some bridge someday.
I think it depends on what part of the country you live in--I'm in a midwestern state with a primarily agriculture based economy, and some of the lowest unemployment in the country. Our housing prices went down a little, but they're coming back up. In states where you have underwater mortgages, and high unemployment, I understand how it could be a real fear. I wasn't criticizing you at all--just commenting . We're in our early 50s--younger people probably do not own outright.
That's pretty much my answer. I'm an independent/libertarian of sorts (definitely closer to Dem than Rep), and I rent but not necessarily by preference. I've just been moving too often to commit, not to mention the average home price here is $850K - and I'm a single woman with a career that pays well, but not THAT well. I'd like to get a home one day, but for now I'm okay with renting.
I don't know how much you make, but I used to tell people (when I worked in mortgage) that not more than 30 or so percent of income should go to pay for living expenses. That means a salary of around $300K in SF and I know that is not exactly the going rate for most.
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I'd like to get a home one day, but for now I'm okay with renting.
. We're in our early 50s--younger people probably do not own outright.
