Homeownership - Spring 2003

 

Three fourths of state residents (78%) are satisfied with the cost of owning or renting their homes. Residents who are pre-retirement age – 55 to 64 – are most satisfied (85%) and renters are less satisfied (68%).
One fourth of respondents (27%) say that more affordable housing would improve their quality of life a great deal. One third (36%) think that more affordable housing would not make much, if any, difference in their quality of life.
Summary Homeownership continues to be a positive quality of life indicator. A strong majority of Wisconsin residents (77%) report that they own their own homes. Moreover, state residents are satisfied with the cost associated with owning or renting their homes, in spite of the fact that other economic factors such as jobs, the economy, and health care costs are more problematic.