71% Say Housing Market Will Take At Least Three Years To Recover
Americans continue to share gloomy assessments of the housing and stock markets, and half continue to believe another 1930s-like Depression is possible in the near future.
The latest Rasmussen Reports national telephone survey finds that 71% of American Adults now believe it will take at least three years for housing prices to recover. That figure includes 20% who think it will take three years and 51% who expect it will take even longer. It matches the most pessimistic assessment in nearly three years.
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The survey of 1,000 Adults was conducted on November 27-28, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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