Jonathan Sweet is the editor in chief of Professional Remodeler, an award-winning trade publication for remodelers and home improvement contractors. He started his career covering homes and small businesses at a daily newspaper and has spent more than a decade writing for several construction trade publications including Qualified Remodeler, Construction Pro and Concrete Contractor. +Jonathan Sweet
Almost 90 percent of Americans think owning a home is still an important part of the American dream, despite the current housing market.
That's according to a new New York Times/CBS poll released late yesterday.
At the same time, only 49 percent of respondents said housing is a safe investment and 45 percent said it was a risky one.
Other highlights of the poll:
- 36 percent approve of the Obama's administration's efforts on housing; 45 percent disapprove
- 45 percent say government should be doing more to help the housing industry; 16 percent it should be doing less
- 58 percent say lenders should require a 20 percent downpayment; 36 percent say they should not.