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93% of Americans Believe a house Is really a Better Investment Than Stocks

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A recently available Survey of Consumer Finances study released by the Federal Reserve reveals the web worth of homeowners is forty times higher than that of renters . If you’re wondering if homeownership is an excellent investment, the scholarly study clearly answers that question, and the solution yes is.

Do Americans believe a genuine home is really a better investment than stocks?

In a post on the Liberty Street Economics blog, the Federal Reserve Bank of NY notes that 93.3% of Americans believe investing in a home is definitely or probably an improved investment than buying stocks.

Here’s the way the results breakdown: 93% of Americans Believe a Home Is a Better Investment Than Stocks | Simplifying The Market The survey also shows an array of reasons why Americans believe that way (respondents could actually pick several answer): 93% of Americans Believe a Home Is a Better Investment Than Stocks | Simplifying The Market

IMPORTANT THING

The info show how Americans have confidence in homeownership being an investment strongly. That belief is warranted. The Liberty Street Economics blog put it best by saying:

“Housing represents the biggest asset owned by most households and is really a major method of wealth accumulation, for the center class particularly.”

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