NeighborWorks Survey Shows Student Debt Delays Homebuying
October 22, 2014
According to our friends at NeighborWorks America, nearly one-out-of-four Americans knows someone who has delayed buying a home because of student loan debt. This is according to findings from the second annual America at Home survey commissioned by NeighborWorks America, a national nonprofit community development corporation based in Washington, D.C.
While the survey shows 60 percent of adults say that owning a home is either the “most important” or a “very important” part of the “American Dream,” the burden of student loan debt and today’s overly tight lending environment appears to be working against many potential homebuyers.
DHIC is one of 230 charter member organizations of NeighborWorks America. Since 2000, our organization has worked in cooperation with NeighborWorks to build high-quality, affordable rental housing communities for seniors and families in Raleigh, the surrounding Triangle and across the state.
Visit NeighborWorks to read their press release and to learn additional key findings from the survey.