For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not always been the case. Gallup explains:
“Between 2008 and 2010, covering most of the Great Recession period that saw plummeting home and stock values, Americans were as likely to name savings accounts or CDs as the best long-term investment as they were to name stocks or real estate.”
This year’s results showed that 35% of Americans chose real estate, followed by stocks at 27%. The full results are shown in the chart below.
Bottom Line
Now that the real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment. If you're thinking about investing in your future by buying or selling real estate, click here and let's chat!
