A recent Gallup survey highlights a growing dissatisfaction among Americans regarding the availability of affordable housing, with only 36% expressing happiness in 2024, down from 61% in 2020. This trend aligns with decreasing satisfaction seen across other OECD countries. Despite this decline, the survey reveals that most residents in wealthy nations can afford adequate housing, as only 11% reported difficulties in doing so, indicating a disconnect between perceived and actual housing affordability.
Americans’ dissatisfaction with housing availability has significantly increased in recent years, driven by rising home prices and personal perceptions of affordability.
In 2024, only 36% of U.S. respondents expressed satisfaction with local housing, a stark decline from 61% in 2020, highlighting a troubling trend.
Despite rising dissatisfaction, only 11% of adults in OECD countries reported being unable to afford adequate housing, showcasing a disparity between perception and reality.
The dramatic decline in housing satisfaction in the U.S. correlates with the COVID-19 pandemic, where satisfaction plummeted from 54% in 2021 to 40% in 2022.
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