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Survey: Homeowners say homeownership costs will influence their midterm vote
The survey found homeowners want lower housing costs on the ballot, but just 26% are confident candidates can deliver, Hometap said.
A Hometap survey found that 77% of U.S. homeowners say a candidate's platform to lower homeownership costs would factor into their vote, with 21% calling it a top factor and 56% calling it one of several.
Taxes rank as the primary concern for 35% of homeowners, followed by utility costs at 25%, housing supply at 17%, and insurance at 10%, while utility costs rose the most over the past 12 months at 44%.
Financial pressure remains high, with 63% of homeowners reporting at least moderate financial stress; yet 40% lack confidence any candidate can lower their homeownership costs, and 71% expect expenses to keep rising.
Ownership status influences participation, as 41% of survey participants say being a homeowner makes them more likely to vote; 49% of motivated voters seek accountability and 28% feel more connected to local decisions.
Resignation persists among homeowners, as 70% feel politicians do not understand their situation; 75% report property tax bills rose in the past two years, with 33% experiencing increases of 7% or more.