Significant Number of Americans Worry about Losing Housing
Survey Shows Most Americans Concerned about Becoming Homeless
A majority of Americans—some 75 percent—worry about becoming homeless, according to a new survey by the NHP Foundation, reports Value Walk.
The national shortage of affordable housing is at crisis levels—the country is losing roughly 125,000 affordable rental units per year—and the need to provide high-quality housing for low- and moderate-income families is an urgent concern. In addition, as the country continues to slowly recover from the recession, families at all income levels are concerned about the rising cost and health of the housing market.
In order to take a deeper look at today’s housing crisis, The NHP Foundation, a national nonprofit aimed at providing service-enriched affordable housing to individuals, families, and seniors, undertook a study of more than 1,000 people nationwide.
Key findings include:
- 75 percent of Americans are concerned about losing housing.
- Nearly 40 percent of respondents fear job loss will lead to loss of housing.
- More than 65 percent of Americans are “cost-burdened,” meaning they spend more than 30 percent of their income on housing.