Majority in U.S. and Canada Say Affordable Housing Should Be Higher Priority

Habitat survey finds cost is a major impediment to home ownership.

2 MIN READ

ATLANTA, June 20, 2017 — A majority of Americans and Canadians believe their respective nations are not paying enough attention to affordable housing needs and solutions, according to Habitat for Humanity’s Affordable Housing Survey.

With critical housing shortages across both countries, cost remains a top barrier preventing families from accessing decent homes with an affordable mortgage.

“In many ways, housing is an invisible crisis. There are still too many families without access to safe, secure and affordable housing,” said Jonathan Reckford, CEO of Habitat for Humanity International. “This survey highlights the value all of us place on a decent place to call home and underscores the critical need to increase access to affordable housing. At Habitat, we are committed to continue partnering with communities, governments and the private sector to create affordable housing solutions and empower families working toward a path to home ownership.”

On behalf of Habitat for Humanity, PSB surveyed 1,000 people in the United States and Canada, examining the perceptions, challenges to and benefits of affordable housing in both countries. The survey was conducted ahead of Habitat for Humanity’s 34th Jimmy & Rosalynn Carter Work Project, which will build 150 homes in Canada this summer.

Home ownership remains a top achievement for most people, from renters to current homeowners. Nine out of ten of Americans (92%) say owning a home is one of their greatest achievements in life. Among renters, a majority of Americans (68%) cite owning a home as one of their top goals.

While home ownership is an aspiration for a majority, it remains out of reach for many individuals and families. Nine out of ten Americans and Canadians recognize this, saying they believe it is important to find solutions to the lack of affordable housing. Moreover, compared with issues like safety (16%) and quality (11%) affordability is a top U.S. housing issue (59%), with 75% saying not enough attention is paid to the issue.

Compared with other challenges, high cost remains the top barrier to home ownership (84% in the U.S.), closely followed by the ability to obtain a mortgage (75%). Most do not expect the situation to get much better: A majority of U.S. (72%) and Canadian (84 %) respondents say housing costs will go up in the next five years.

Most have struggled with housing costs at some point in their lifetime. One quarter of U.S. homeowners currently struggle to pay housing costs, while 65% say they have struggled with housing costs at some point in their lives:

Difficulty paying
housing costs…

United States
Canada
…in my 20s
27 percent
33 percent
…in my 30s
22 percent
22 percent
…in my 40s
11 percent
13 percent
…in my 50s
9 percent
10 percent

Upcoming Events

  • Sales is a Sport: These Tactics Are the Winning Play

    Webinar

    Register for Free
  • Dispelling Myths and Maximizing Value: Unlock the Potential of Open Web Floor Trusses

    Webinar

    Register for Free
  • Building Future-ready Communities for Less

    Webinar

    Register for Free
All Events