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Public Perception of Housing Market Tax Credit Expiration

Insights from 2010 Prudential Real Estate Outlook Survey on the impact of tax credit expiration on consumer interest in purchasing homes, revealing concerns and attitudes of current shoppers.

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Public Perception of Housing Market Tax Credit Expiration

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  1. Concerns about the expiration of the tax credit are not echoedby current shoppers • Nearly three-quarters of consumers believe the expiration of the tax credits will have a negative impact on the housing market… • But just 8% of consumers indicate that the expiration will make them muchless interested in purchasing a home. Nearly two-thirds say it will have littleto no effect. What the General Public Thinks What Current Home Shoppers Say Do you think the expiration of the tax creditwill have a….? Will the expiration of the tax credit make you….? Strong negative impact onthe housing market Much less interested in purchasing a home Somewhat less interested Moderately negative impact Little to no effect Little to no impact Source: 2010 Prudential Real Estate Outlook Survey

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