Exclusive: most renters surveyed by Harris Poll say the areas they live in have become so unaffordable they are ‘barely livable’
The poll, conducted by the Harris Poll Thought Leadership and Future Practice, asked survey takers to identify themselves as renters or homeowners, along with other demographic information. Those polled were asked their opinion on home ownership in the United States. For many, especially renters, the outlook is bleak.
Though the vast majority of renters polled said they want to own a home in the future, 61% said they are worried they will never be able to. A similar percentage believe no matter how hard they work, they’ll never be able to afford a home.
“When you think about Maslow’s hierarchy of needs, and housing is right at that foundational level of security, the implications on consumer psyche when things feel so unaffordable is something that will impact everyone,” said Libby Rodney, chief strategy officer at Harris Poll. The American dream of owning a home “is looking more like a daydream for renters”.
When I was in my late teens/early twenties I truly thought that in ten years I’d own a home for sure, with some hard work and dedication.
Ten years later, I don’t even get to buy groceries every week or eat every day. I’ve lost 30 pounds in the last year just from skipping so many meals.
I can’t wait to see what the next ten years holds.
And if one more person tells me I should make sure to invest for retirement… I can’t even feed myself, what you want me to invest? My retirement plan is work until I’m too old/sick/injured and then off myself.