May 4 2019 38376 1

Dated: May 4 2019

Views: 113

New Poll Finds Half of Americans Cannot Afford to Live Near Better Schools and Childcare

WASHINGTON, DC – In a recent poll, 46% of American adults said they would prefer to live in a community with access to better schools and/or childcare, but cannot afford to do so; while 58% say communities with better job opportunities are too expensive for them to live in.* To identify innovative solutions to this housing affordability crisis, today Fannie Mae announced a“Call for Ideas”that expand access to and increase the supply of quality affordable housing, and use housing as a lever to improve education outcomes and economic mobility for low-income households.

"When families live in stable and affordable homes in a sustainable community, they have greater opportunities to prosper in other aspects of life, including educational and economic advancement," said Maria Evans, Vice President of Sustainable Communities, Fannie Mae. "When nearly 6 in 10 Americans have to sacrifice economic opportunities and nearly half have to sacrifice quality education and childcare because of housing affordability, it's clear we need to bring new ideas to the marketplace."

"The affordability, quality, and location of where one lives has substantial implications for outcomes in education and economic mobility," said Evans. "Through the Sustainable Communities Initiative, Fannie Mae aims not only to create stability through housing, but also to catalyze opportunities in education and forge pathways to economic mobility."

Latest Blog Posts

Jan 5 2021 38376 1

What to Expect From Real Estate In 2021For real estate, as for many things, 2020 was a strange year. Despite a pandemic, a recession and unemployment that at one time hit 20 million, 6 million

Read More

Jan 2 2021 38376 1

A Perfect Storm Seeks Destruction of the U.S.As 2021 dawns, the war on our culture moves into high gear.  The opportunistic intersection of the resistance to the Trump presidency, the rise

Read More

Dec 1 2020 38376 2

Nearly Half of Americans Are Considering a Move During the Pandemic, but Why?With the coronavirus pandemic likely to stretch into next year, many people are spending more time than ever before in

Read More

Dec 1 2020 38376 1

How will California’s Proposition 19 impact property taxes?A slim majority of California residents voted in favor of Proposition 19 on Election Day, green-lighting a motion that gives new

Read More