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:
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.”
This Friday, I will be posting an infographic showing additional findings revealed in the report. http://www.simplifyingthemarket.com/en/2016/05/04/americans-rank-real-estate-1-long-term-investment/?a=242769-4eb2112ad1caac540e99a63dd199d5ed ❤️ #share #mortgage
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