Partisan Split on Housing Help

Posted April 7, 2008 at 12:11pm

Republicans and Democrats don’t agree on how bad the mortgage crisis is and what should be done about it. In a Gallup poll released today, 40 percent of Republican respondents support a federal bailout for homeowners in contrast to the 71 percent of Democrats and 55 percent of independents who think that the government should step in. But, more Democrats believe the value of their homes has decreased (38 percent) than believe it has increased (33 percent), while more Republicans have a positive view (38 percent) than a pessimistic one (27 percent). Among independents, 40 percent perceive a declining value and only 29 percent believe the value has increased.