What Should Happen to Kick-Start Housing Construction?
Tuesday, May 19, 2009 - CNBC and LinkedIn asked: What needs to happen to kick-start new housing construction? The results are in and almost 8,000 of you voted and nearly 400 of you commented on our poll. Overall Results: More 67% said we need more job growth, and 12% voted for income growth.
Overall Responses:
- 67% Job Growth
- 12% Income Growth
- 9% Other
- 5% Lower Mortgage Rates
- 4% More Foreclosure Protection
Results by Major US Region:
- Chicago: 69% said job growth, 15% said income growth
- LA: 61% said job growth, 19% said income growth
- New York: 67% said job growth, 15% said income growth, 6% said lower mortgage