On what planet do these people live? Only 16% think their house will be worth less. Yikes. That means 84% of the people are in la-la land or never open a newspaper. The level of denial out there is incredible. I wonder if this ultra delusional third who thinks home prices are rising, are the same 1/3 that still approves of Jorge W. Arbusto.
The percentage of Americans homeowners expecting a decrease in their home price has grown to 16% from 9%. About a third still believe their home values will increase over the next year, down from 40% in March.
Americans are relatively downbeat on the economy. Nearly three-quarters rate the economy "only fair" or "poor."
I also wonder how 75% think the economy is in the shitter yet 84% thinks their house will increase in value. Once again proving that average Americans have no clue what is going on around them.
I would guess that 95% would answer correctly if asked what the name of Lindsay Lohan's new boyfriend is. Since like you know, that's really important stuff.