62 Percent of Americans Worried about Paying for Housing in Next Year: Poll

Sixty-two percent of the 2,000 adults surveyed said that they are somewhat or very concerned about being able to cover their housing in the coming year, and 69 percent said that they are somewhat or very worried about higher home prices in general, The Hill reported.

Among the highest concerns surveyed were those on an impending economic recession, at 84 percent, and rising interest rates, at 77 percent, while half said that they are worried about losing their jobs.

Fifty-eight percent of respondents said that their rent has gone up in the past 12 months, as inflation rates have soared, with 6 percent saying that it had increased by 30 percent or more.

Almost 20 percent said that the increase in rent made them “extremely likely” that they might miss a rent payment, while 38 percent said that the hike made that somewhat likely.

Sixty-one percent of respondents said that they sometimes do not have enough money for the “basics,” such as food and housing, or they live payday to payday and have “just enough money to get by.”

The poll was conducted June 6-10 of this year, using an online survey that Freddie Mac described as “nationally representative.”