DS News

DS News December 2017

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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Page 97 of 99

THE BIG FINISH WRAP YOUR HEAD AROUND THE MARKET'S LEADING INDICATORS 96 The Politics of Homeownership Democrats and Republicans "Agree that owning a home is necessary to live The American Dream" Amidst political division, one value is shared across the nation—homeownership. Nationally, 68.7 percent of Republicans and 65.1 percent of Democrats reported owning a home as a crucial part of living the American Dream, according to Zillow's 2017 Housing Aspirations Report. Both Republicans and Democrats also agreed that homeownership is a financially sound decision, even in markets setting record- high prices and still recovering from the housing collapse. In addition, both parties agree on the advantages of homeownership, including raising a family, making ties within a community, and overall quality of life. The Housing Aspirations Report is a semiannual survey sponsored by Zillow and conducted by IPSOS, that surveys 10,000 renters and homeowners in 20 metros across the country about their views on homeownership and their personal housing expectations for the future. The below charts break down the percentage of Democrats and Republicans who believe that owning a home is necessary to live The American Dream. METROPOLITAN AREA Democrat Miami-Fort Lauderdale, FL 73.90% Phoenix, AZ 71.90% Las Vegas, NV 69.50% San Francisco, CA 69.40% Los Angeles-Long Beach-Anaheim, CA 69.10% San Jose, CA 67.50% Atlanta, GA 67.30% Tampa, FL 66.10% Dallas-Fort Worth, TX 64.90% Detroit, MI 64.90% Chicago, IL 64.70% New York, NY 64.60% San Diego, CA 64.30% Washington, DC 63.40% St. Louis, MO 62.50% Boston, MA 62.20% Philadelphia, PA 61.70% Seattle, WA 60.40% Denver, CO 60.30% Minneapolis-St Paul, MN 52.60% METROPOLITAN AREA Republican Washington, D.C. 76.90% Los Angeles-Long Beach-Anaheim, CA 76.00% Philadelphia, PA 75.80% San Francisco, CA 75.20% Miami-Fort Lauderdale, FL 72.20% New York, NY 72.10% San Jose, CA 71.80% Phoenix, AZ 70.60% Seattle, WA 68.70% St. Louis, MO 68.70% Tampa, FL 68.20% Detroit, MI 67.00% Boston, MA 66.50% Denver, CO 66.40% Atlanta, GA 66.20% San Diego, CA 66.00% Las Vegas, NV 64.30% Minneapolis-St Paul, MN 63.40% Dallas-Fort Worth, TX 62.40% Chicago, IL 56.70%

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