Survey Shows Employment and Real Estate will be most important issues in 2012

A HouseLogic survey found that employment and the real estate market will be the two most important issues for voters in the 2012 election process. 54% of the people who took part in the survey said lowering the unemployment rate will be the top issue when they head to the polls next November, and upwards of 27% of respondents thought housing was the most important issue.

People were specifically asked, what issues will have the greatest impact on your voting this year? Not surprisingly, even issues like national security, health care, energy and the environment followed the jobs and housing market concerns.

  • Jobs-unemployment — 54%
  • Housing — 27%
  • National security — 8%
  • Health care — 4%
  • Energy & Environment — 2%

With unemployment still considerably high for the last 3 and ½ years, it’s easy to see why Americans from all political backgrounds are concerned about the job market. Yet, employment and real estate are closely linked because job creation and economic growth cannot happen without a good housing recovery. 

Real estate matters affect many sectors of the economy, making up more than 15% of the gross domestic product (GDP) according to the NATIONAL ASSOCIATION OF REALTORS®.  It has shown that for every two homes sold around the country, one job is created. With that said, consumer spending on building products, furniture and appliances, and other housing investments also has an extended economic impact.

These figures clearly show Americans understand that a housing recovery is essential to the nation’s economic health and recovery, and will reflect that greatly in national elections throughout the country.

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