Americans' Powerful Belief in Homeownership as an Investment

The Federal Reserve Bank (The Fed) recentlyreleased their 2019 Survey of Consumer Expectations Housing Survey. The surveyreported that 65% of Americans believe homeownership is a goodfinancial investment. Since 2014, the percentage has increased byover nine percent. The Fed’s survey also showed that when theresults are broken down by age, education, income, or region of thecountry, more than 55% of Americans in each category seehomeownership as a good investment.

This coincides with a recent Gallup survey ofAmericans which revealed that real estate was their number onechoice for the best long-term investment when compared to stocks,savings accounts or gold.

Bottom Line

Americans’ belief in residential real estate as a goodfinancial investment continues to grow as the housing marketreturns to normalcy.