Hometap Survey Reveals Rising Homeownership Costs Driving Voter Stress Ahead of Midterms
A new survey by fintech company Hometap indicates that rising costs associated with maintaining existing homes—such as property taxes, insurance, and upkeep—are significantly impacting homeowner sentiment ahead of the upcoming midterm elections. Approximately 63% of homeowners report experiencing moderate to high financial stress due to homeownership, a notable increase from mid-2025 levels. While cost-cutting platforms are a major driver for voters, only 26% of respondents believe any candidate can effectively lower their living expenses. The data highlights a generational divide, with 77% of Millennial homeowners reporting financial stress compared to 48% of Baby Boomers. Beyond budget constraints, the survey notes significant psychological impacts, including anxiety and sleep disruption among highly stressed owners. Despite these pressures, very few homeowners are actually relocating due to policy concerns, suggesting that while affordability is a central political issue, it has not yet triggered a mass exodus from current residences.
Topics: homeownership costs housing affordability property taxes voter sentiment