Elon poll finds many in NC worried about rising home prices

A new poll from Elon University finds that North Carolinians are worried about rising home prices, but there are mixed opinions about what they want done to keep prices from soaring.

Nearly half of those polled said rising home prices were a bad thing. Their reasons varied. Some were concerned about having to pay higher taxes. Others said they feared a housing bubble.

Jason Husser is director of the Elon Poll. He says most respondents expect prices to remain high for the next 12 months.

“The groups that are most frustrated with the housing market right now, are people under 45 and who are on the market for housing,” he says. “So this implies … people with young families, they can't really find a spot that works for them.”

A majority of those polled said they supported measures that would limit the numbers of properties major corporations could buy. Most opposed changing zoning ordinances to allow for higher housing densities.

More than 80 percent of respondents still say they view homeownership as a good way for North Carolina families to build wealth.