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Real Estate Tops Best Investment Poll for 7th Year Running
June 16th, 2020
Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallupexplained:
“Real estate remains the most favored investment to Americans, as has been the case since 2013, when the housing market was on the rebound. More than a third of Americans have named real estate as the top investment since 2016.”
This year’s results indicated 35% of Americans chose real estate, followed by stocks at 21%. The full results covering the last decade are shown in the chart below:
Bottom Line
The belief of the American people in the stability of housing as a long-term investment remains strong, even through the many challenges our economy faces today. Contact a Wallick & Volk Mortgage Advisor today! We can help you with the financing of your new home. http://wvmb.com.
Source: www.KeepingCurrentMatters.com
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