Nearly 70% of Americans think the economy is on the ‘wrong track’ and even more think it’s a bad time to buy a home, Fannie Mae survey shows

FortuneTuesday, October 7, 2025 at 4:05:24 PM
Nearly 70% of Americans think the economy is on the ‘wrong track’ and even more think it’s a bad time to buy a home, Fannie Mae survey shows
A recent Fannie Mae survey reveals that nearly 70% of Americans believe the economy is heading in the wrong direction, with an even larger percentage feeling it's a poor time to purchase a home. This sentiment reflects widespread concerns about economic stability and the housing market, which could impact consumer behavior and future investments. Understanding these feelings is crucial as they can influence policy decisions and market trends.
— via World Pulse Now AI Editorial System

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The housing crisis is also a crisis of hopelessness as young Americans give up, hustle less, spend more and make risky investments as a last resort
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The housing crisis in the U.S. has escalated into a crisis of hopelessness, particularly affecting young Americans who are increasingly giving up on traditional homeownership. Many are resorting to risky investments as a last resort to secure financial stability, reflecting a broader trend of desperation in the face of soaring housing costs.