Jobs and Home Ownership
You can't have one without the other.
Good jobs enable people to achieve the American dream of home ownership. And every time a house is built, bought, or sold, jobs are created—lots of them—right here at home.
- Home sales in this country generate more than 2.5 million private-sector jobs in an average year.
- For every two homes sold, a job is created.
- Each home sale touches 80 different occupations.
- Every home purchased pumps up to $60,000 into the economy over time for furniture, home improvements, and related items.
- Housing accounts for more than 15% of the Gross Domestic Product, making it a key driver in our national economy.
- Housing has led this country out of six of the last eight recessions.
America needs jobs. Housing creates jobs. That's one of the many reasons home ownership matters to people, to communities, to America.
Strong federal government support of home ownership equals strong support for American jobs. We urge the Obama Administration and the U.S. Congress—as they debate the new federal budget and reform proposals for the nation's mortgage finance system—to continue federal support for home ownership.
Jobs and Home Ownership. You can't have one without the other.
In advance of the release of President Obama's Fiscal Year 2012 budget and in light of the Administration's call for reforms to the secondary mortgage market, the NATIONAL ASSOCIATION OF REALTORS® placed the ad "Jobs and Home Ownership. You Can't Have One Without the Other" in the Sunday Feb. 13, 2011 edition of The Washington Post, reminding consumers and lawmakers about the critical connection between housing and jobs.
Good jobs enable people to achieve the American dream of home ownership. And every time a house is built, bought, or sold, jobs are created—lots of them—right here at home.
- Home sales in this country generate more than 2.5 million private-sector jobs in an average year.
- For every two homes sold, a job is created.
- Each home sale touches 80 different occupations.
- Every home purchased pumps up to $60,000 into the economy over time for furniture, home improvements, and related items.
- Housing accounts for more than 15% of the Gross Domestic Product, making it a key driver in our national economy.
- Housing has led this country out of six of the last eight recessions.
America needs jobs. Housing creates jobs. That's one of the many reasons home ownership matters to people, to communities, to America.
Strong federal government support of home ownership equals strong support for American jobs. We urge the Obama Administration and the U.S. Congress—as they debate the new federal budget and reform proposals for the nation's mortgage finance system—to continue federal support for home ownership.
Jobs and Home Ownership. You can't have one without the other.
In advance of the release of President Obama's Fiscal Year 2012 budget and in light of the Administration's call for reforms to the secondary mortgage market, the NATIONAL ASSOCIATION OF REALTORS® placed the ad "Jobs and Home Ownership. You Can't Have One Without the Other" in the Sunday Feb. 13, 2011 edition of The Washington Post, reminding consumers and lawmakers about the critical connection between housing and jobs.
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