Soaring housing prices are causing Americans to rethink their “dream home” and “dream workspace,” where luxury is out and practicality is in.
A new poll of 2,000 U.S. adults found 58% have witnessed increased housing costs over the past five years, and 39% frequently feel like they’re stuck living where they are.
Many are also concerned about the affordability of housing (50%), crime (40%) and making home repairs (35%).
Commissioned by Built, the construction and real estate finance technology company, and conducted by Talker Research, the study found Americans currently spend 25% of their monthly income on housing, but would ideally like to spend 19%.
A new poll of 2,000 U.S. adults found 58% have witnessed increased housing costs over the past five years, and 39% frequently feel like they’re stuck living where they are.
Many are also concerned about the affordability of housing (50%), crime (40%) and making home repairs (35%).
Commissioned by Built, the construction and real estate finance technology company, and conducted by Talker Research, the study found Americans currently spend 25% of their monthly income on housing, but would ideally like to spend 19%.
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