Monday, June 15, 2020 / by Teresa Ryan
Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.
For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained:
“Real estate remains the most favored investment to Americans, as has been the case since 2013, when the housing market was on the rebound. More than a third of Americans have named real estate as the top investment since 2016.”
This year’s results indicated 35% of Americans chose real estate, followed by stocks at 21%. The full results covering the last decade are shown in the chart below:
The belief of the American people in the stability of housing as a long-term investment remains strong, even through the many challenges our economy faces today.
Call Teresa Ryan at 630-718-0424 today, for your home buying and selling needs in Naperville and the western Suburbs of Chicago. For inquiries, please call 630-276-7575.
Subscribe to our YouTube Channel for real estate insights, updates and news!
Join us on social: