{"id":82504,"date":"2025-10-08T05:00:51","date_gmt":"2025-10-08T12:00:51","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=82504"},"modified":"2025-10-08T09:47:23","modified_gmt":"2025-10-08T16:47:23","slug":"delaying-home-car-purchase-government-shutdown","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/delaying-home-car-purchase-government-shutdown\/","title":{"rendered":"17% of Americans Are Delaying a Major Purchase Like a Home or Car Due to Government Shutdown. 65% Are Undeterred."},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">Some Americans are changing plans because they\u2019re directly impacted by the shutdown, and others are wary of making a big purchase because of economic uncertainty. But most are moving forward with purchases. <\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Roughly one in six (17%) Americans are delaying a major purchase like a home or car because of the <\/span><a href=\"https:\/\/www.cnbc.com\/2025\/10\/01\/government-shutdown-trump-live-updates.html\"><span style=\"font-weight: 400;\">federal government shutdown<\/span><\/a><span style=\"font-weight: 400;\">, according to a new Redfin survey. Another 7% are canceling plans for a major purchase altogether.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The majority of Americans (65%) said the government shutdown has no impact on their purchasing plans. <\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-82512 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-07-145238.png\" alt=\"\" width=\"613\" height=\"534\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-07-145238.png 613w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/Screenshot-2025-10-07-145238-300x261.png 300w\" sizes=\"(max-width: 613px) 100vw, 613px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">This is according to a Redfin-commissioned survey conducted by Ipsos on October 3, 2025. The nationally representative survey was fielded to 1,005 U.S. residents. The combined results have a credibility interval of +\/- 3.8 percentage points.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The U.S. government partially <\/span><a href=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2025\/10\/06\/government-shutdown-trump-congress-senate-vote\/86456492007\/\"><span style=\"font-weight: 400;\">shut down<\/span><\/a><span style=\"font-weight: 400;\"> on October 1 after lawmakers were unable to agree on a budget. That means pay has been suspended for roughly <\/span><a href=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2025\/10\/03\/federal-government-still-shut-down-october-3\/86474681007\/\"><span style=\"font-weight: 400;\">2 million federal workers<\/span><\/a><span style=\"font-weight: 400;\">, 750,000 furloughed and the rest expected to work without compensation, though they are typically <\/span><a href=\"https:\/\/www.cbsnews.com\/news\/government-shutdown-contract-worker-back-pay\/\"><span style=\"font-weight: 400;\">entitled<\/span><\/a><span style=\"font-weight: 400;\"> to backpay once an agreement is reached. It\u2019s worth noting that the White House is considering <\/span><i><span style=\"font-weight: 400;\">not <\/span><\/i><span style=\"font-weight: 400;\">paying furloughed federal employees for time they didn\u2019t work during this shutdown, <\/span><a href=\"https:\/\/www.cnn.com\/2025\/10\/07\/politics\/government-workers-shutdown-compensation\"><span style=\"font-weight: 400;\">according to reports<\/span><\/a><span style=\"font-weight: 400;\">. Millions of other Americans who technically work for private companies also go without pay during a shutdown because their projects <\/span><a href=\"https:\/\/www.cbsnews.com\/news\/government-shutdown-contract-worker-back-pay\/\"><span style=\"font-weight: 400;\">rely on federal grants or contracts<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0 While the length of the shutdown is unknown, it\u2019s likely the government will <\/span><a href=\"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-6\/\"><span style=\"font-weight: 400;\">re-open by mid-October<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some people are canceling or delaying big purchases because they\u2019re directly impacted by the government shutdown; i.e. they\u2019re a federal government employee or contractor who is not currently getting paid, and they may be worried about <\/span><a href=\"https:\/\/www.reuters.com\/world\/us\/white-house-says-layoffs-will-start-if-trump-sees-shutdown-talks-going-nowhere-2025-10-05\/\"><span style=\"font-weight: 400;\">getting laid off<\/span><\/a><span style=\"font-weight: 400;\">. But most Americans aren\u2019t in that position. People whose incomes <\/span><i><span style=\"font-weight: 400;\">aren\u2019t <\/span><\/i><span style=\"font-weight: 400;\">directly dependent on the federal government\u2019s budget may be rethinking a major purchase because the shutdown is one more in a long line of events making Americans feel unstable about their finances.\u00a0<\/span><\/p>\n<p><b>The shutdown is exacerbating an already uncertain U.S. economy:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.redfin.com\/news\/survey-job-security-2025\/\"><span style=\"font-weight: 400;\">August 2025 Redfin-Ipsos survey<\/span><\/a><span style=\"font-weight: 400;\">: More than two in five American workers reported delaying or canceling a major purchase due to concerns about job security, and 37% of workers reported they were more worried about their job security than at the start of the year.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.redfin.com\/news\/survey-tariffs-major-purchase\/\"><span style=\"font-weight: 400;\">April 2025 Redfin-Ipsos survey<\/span><\/a><span style=\"font-weight: 400;\">: 24% of Americans said they were canceling plans to make a major purchase because of President Trump\u2019s newly announced tariffs, and another 32% were delaying plans.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u201cA government shutdown doesn\u2019t just stop paychecks for some federal employees\u2013it shakes the financial confidence of Americans,\u201d said Redfin Chief Economist <\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/darylfairweather\/\"><span style=\"font-weight: 400;\">Daryl Fairweather<\/span><\/a><span style=\"font-weight: 400;\">. \u201cPeople across the country are taking in the news and thinking, \u2018we\u2019ve faced inflation, tariffs, job losses, a volatile stock market, and now a government shutdown\u2013what\u2019s next?\u2019 It\u2019s understandable that some people are reconsidering buying a home or a car when the economy feels uncertain.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although it\u2019s technically a <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-august-2025\/\"><span style=\"font-weight: 400;\">buyer\u2019s market<\/span><\/a><span style=\"font-weight: 400;\">, it\u2019s a tough time to buy a home even putting economic uncertainty aside. Mortgage rates have come down from their peak but are still <\/span><a href=\"https:\/\/www.freddiemac.com\/pmms\"><span style=\"font-weight: 400;\">double<\/span><\/a><span style=\"font-weight: 400;\"> pandemic-era lows, and home-sale prices remain <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-market-update-prospective-homebuyers-back-away\/\"><span style=\"font-weight: 400;\">stubbornly high<\/span><\/a><span style=\"font-weight: 400;\"> despite slow sales.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe market is a bit slow partly because it\u2019s so expensive to buy a home, and partly because people are feeling uneasy politically and economically,\u201d said <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\/josh-felder\"><span style=\"font-weight: 400;\">Josh Felder<\/span><\/a><span style=\"font-weight: 400;\">, a Redfin Premier agent in <a href=\"https:\/\/www.redfin.com\/city\/17151\/CA\/San-Francisco\">San Francisco<\/a>. \u201cPeople are pressing pause on their house hunts because they\u2019re uncertain about their jobs, the stock market, tariffs, and where the economy is going to go in the next several months or years.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s worth emphasizing that for most Americans, the government shutdown has no impact on their timeline for making a major purchase. Amid the uncertainty, many people have stable jobs and\/or savings and investments, and feel secure buying something like a house or a car. Many other people simply don\u2019t feel the shutdown affects them.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some Americans are changing plans because they\u2019re directly impacted by the shutdown, and others are wary of making a big purchase because of economic uncertainty. But most are moving forward with purchases. Roughly one in six (17%) Americans are delaying a major purchase like a home or car because of the federal government shutdown, according [&hellip;]<\/p>\n","protected":false},"author":13153,"featured_media":82507,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[623,19,35],"dashboard":[],"coauthors":[124],"class_list":["post-82504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","tag-national","tag-politics","tag-redfin-surveys"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>17% of Americans Are Delaying a Major Purchase Like a Home or Car Due to Government Shutdown<\/title>\n<meta name=\"description\" content=\"Some Americans are changing plans because they\u2019re directly impacted by the shutdown, and others are wary of making a big purchase because of economic uncertainty. 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