Tuesday, July 16, 2019 / by Michael Picciuto
Americans’ Powerful Belief In Homeownership As An Investment
he Fed’s survey also showed that when the results are broken down by age, education, income, or region of the country, more than 55% of Americans in each category see homeownership as a good investment.
This coincides with a recent Gallup survey of Americans which revealed that real estate was their number one choice for the best long-term investment when compared to stocks, savings accounts or gold.
Americans’ belief in residential real estate as a good financial investment continues to grow as the housing market returns to normalcy.