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BUSINESS

63% Say Those Who Can’t Afford Mortgage Payments Should Sell Home

Most Americans continue to believe that homeowners who cannot afford their mortgage payments should buy something cheaper rather than turn to the government for a bailout.

A new Rasmussen Reports national telephone survey finds that just 22% of Adults think that if someone can't meet their increased mortgage payments, the government should assist them. Sixty-three percent (63%) say they should sell their home instead and buy a less expensive one. That's down six points from March’s high of 69%, but more in line with regular surveys over the past two years. Fifteen percent (15%) are not sure which course is better. (To see survey question wording, click here.)

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The survey of 1,000 American Adults nationwide was conducted on May 15-16, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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