Americans Believe Real Estate Is Best LongTerm Investment

Americans Believe Real Estate Is Best LongTerm Investment

Americans Believe Real Estate is Best Long-Term Investment

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Americans Believe Real Estate is Best Long-Term Investment | Keeping Current Matters

According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.

Bankrate asked Americans to answer the following question:

“Which would be the best way to invest money you did not need for more than 10 years?”

Real Estate came in as the top choice with 25% of all respondents, while cash investments (such as savings accounts and CD’s) came in second with 23%. The chart below shows the full results:

Americans Believe Real Estate is Best Long-Term Investment | Keeping Current Matters

Sterling White, co-founder of Holdfolio, gave one reason as to why real estate may have ranked so high.

"Houses are tangible. You can physically see and feel the product. So you know where your money is going."

July’s poll also found that for the “26th consecutive month, Americans’ sense of financial well-being improved when taking into account debt, savings, net worth, job security, and overall financial situation.”

Bottom Line

We have often written about the financial and non-financial reason homeownership makes sense. It is nice to see that Americans have returned to a belief in homeownership as the best investment.


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Phone: 716-969-1490
Dated: July 30th 2016
Views: 208
About Keri: Let me just be honest. I AM that crazy cat lady but I can definitely help you find the home of your...

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