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Survey says…NO PLACE LIKE HOME

February 26, 2009

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It’s not a good market outside, but it’s still home inside. A survey released by the Pew Research Center finds that 90 percent of homeowners say their home is a source of comfort, and only 9 percent consider it a burden. The remaining 4 percent think it’s a little bit of both. Happiness is not based on gender, race, age, income or education, according to researchers, though they did note a slight difference by region: Only 6 percent of homeowners in the South or the East consider their home a burden, but the number rises to 11 percent in the West and 14 percent in the Midwest. Overall, homeowners are happier than renters, but analysts point out that homeowners tend to have more money and be married, and overall happiness cannot be completely attributed to homeownership. To read more from the study, go to: http://pewresearch.org/pubs/1126/home-buy-sell-comfort-burden-polling

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