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According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.
You may have heard some people say it’s better to rent than buy a home right now.
With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.
- Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years.
- The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today.
- Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row.
- Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable and secure asset that can grow in value over time.
Downsizing has long been a popular option when homeowners reach retirement age.
- For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans.
- Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history.