Americans Rank Real Estate #1 Long Term Investment

    Americans Rank Real Estate #1 Long Term Investment | Keeping Current Matters

    The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds.

    Here is the breakdown:

     

    Americans Rank Real Estate #1 Long Term Investment | Keeping Current Matters

    The survey revealed that real estate was the number one choice among each of the following groups:

    • Men
    • Women
    • People between the ages of 18-29
    • People between the ages of 30-49
    • People between the ages of 50-64
    • People 65 and older
    • People with annual earnings of less than $30,000
    • People with annual earnings between $30,000 and $74,999
    • People with annual earnings of over $75,000
    • People with a college degree
    • People without a college degree

    Even stock investors ranked real estate number one. According to the report:

    “With housing prices showing a steadier path upward in recent months, even stock investors are about as likely…to choose real estate (37%) as stocks (32%) as the best long-term investment.”

    Source: Keeping Current Matters / The KCM Crew 04042016

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