Study: Home buyers leery
The housing markets are in recovery, but a lot of people are still asking: Why buy a home anyway?
The housing bust has created great skepticism about the traditional connection between homeownership and the American dream, a survey commissioned by the MacArthur Foundation has found.
The How Housing Matters Survey, released Wednesday, found that more than three-quarters of Americans believe we are still in the middle of the housing crisis or that the worst is yet to come. When it comes to remedies, two-thirds believe the nation's policy should be to encourage renting and homeownership equally.
More than 7 in 10 renters aspire to own a home someday, according to the telephone survey of 1,433 adults, conducted between Feb. 27 and March 10. But it also turned up a solid majority who believe renters can be just as successful as owners in achieving the American dream.
THE OUTLOOK
MONDAY
- Former U.S. Food and Drug Administration Commissioner Dr. Andrew von Eschenbach is the keynote speaker at a seminar on combination medical device products at Lahey Hospital & Medical Center in Burlington.
TUESDAY
- SeaChange International releases quarterly earnings.
- The Wentworth Institute of Technology hosts a "Pitchfest" event on campus where students present their startup ideas in the hopes of receiving funding.
- MassDOT Board and Transportation Secretary and CEO Richard Davey discusses the state's transportation overhaul plan at a community meeting in Walpole.
WEDNESDAY
- Bed, Bath & Beyond and Demandware report quarterly financial earnings.
- The Federal Reserve releases minutes from its March interest-rate meeting.
- Beth Israel Deaconess Medical Center and Beth Israel Deaconess Hospital-Needham break ground for the new Beth Israel Deaconess Cancer Center & Surgical Pavilion in Needham.
- Boston Public Library officials hold a public forum in the Rabb Lecture Hall to discuss plans to transform the Johnson building on Boylston Street in Copley Square.
THURSDAY
- Companies including Twin Rivers Technologies, Blue Cross Blue Shield of Massachusetts, Raytheon Corp. and General Electric participate in a military veterans' job fair at Gillette Stadium.
THE SHUFFLE
- Acella Construction Corp. has promoted Saul Schrader, left, of Weymouth to the position of senior project manager. Schrader, who has a degree in construction management from the Wentworth Institute of Technology, joined Acella in 2004 as a project manager after previously working at the Lee Kennedy Construction Co. in Boston.
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