Americans’ Powerful Belief in Homeownership being an Investment
The Federal Reserve Bank (The Fed) lately released their 2019 Survey of Consumer Expectations Casing Survey . The survey documented that 65% of Americans think homeownership is a good financial investment. Given that 2014, the percentage has increased by over nine percent. The Fed’s survey also showed that when the results are broken down by age, training, income, or region of the country, more than 55% of Americans in each category see homeownership as a good investment.
This particular coincides with a recent Gallup study of Americans which revealed that real estate was their own number one choice for the best long-term investment when compared to stocks, savings accounts or gold.
Americans’ perception in residential real estate as a great financial investment continues to grow as the housing business returns to normalcy.
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