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Americans Believe Real Estate is Best Long-Term Investment

Wednesday, July 27, 2016   /   by Vanessa Saunders

Americans Believe Real Estate is Best Long-Term Investment

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.

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258


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