Real Estate: Best Long-Term Investment
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.
For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% of Americans chose real estate, followed by stocks at 26%.
The full results are shown in the chart below and clearly, Real Estate is the best Long-Term Investment.
The study makes a point to draw attention to the contrast of the sentiment over the last four years compared to that of 2011-2012. During 2011-2012, gold took the top slot with 34% of the votes. Real estate and stocks took second and third place, respectively, while still in recovery from the Great Recession.
The Bottom Line in Real Estate as the Best Long-Term Investment
As the real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment.