Most home buyers expect to put 10% or less down

Despite tougher lending standards, a poll commissioned by Zillow finds that 17% of those planning to buy a home within two years expect to do so with zero down payment. Another 36% expect to make down payments from 1% to 10% of their home purchase price. That means 53% plan to buy a home with a down payment of 10% or less.

Isn't this the same mentality that helped create all of the current housing troubles?

Zillow's Amy Bohutinsky said of the nearly one-fifth of buyers who plan to put no money down, "Given the fact that home values are still declining in most markets, this surprises us."

(Source: LA Times)