Real Estate Tops Best Investment for Seventh Year Running
Anyone who has some money in the stock market these days has a pretty good idea of what it feels like to be rollercoaster mechanic. Up big time one day and down even lower the next.
If you’ve been losing sleep over your investment portfolio lately, you can take comfort in knowing that year after year, your best performing investment is actually right where your pillow and bed happen to be: your home.
Every year, Gallup surveys thousands of Americans to reveal their choice for the best long-term investment from among stocks/mutual funds, gold, savings accounts/CDs, or bonds, real estate. For the seventh year in a row, real estate has come out on top.
According to Gallup:
“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:
Despite the many challenges and uncertainties our economy faces today, one thing is for sure. The belief of the American people in the stability of housing as a long-term investment remains stronger than ever.
For more information contact Duke Warner Realty and speak with one of our experienced real estate agents in Bend Oregon.