Leslie Huggins
#376158 RPI Real Estate Services 1412 Russell Parkway, STE B Warner Robins, GA 31088 478-954-3774  |  478-954-5665

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Apr

93% of Americans Believe a Home Is a Better Investment Than Stocks

93% of Americans Believe a Home Is a Better Investment Than Stocks

93% of Americans Believe a Home Is a Better Investment Than Stocks | MyKCM
 

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes.

Do Americans believe a home is a better investment than stocks?

In a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York notes that 93.3% of Americans believe buying a home is definitely or probably a better investment than buying stocks.

Here’s how the results break down:93% of Americans Believe a Home Is a Better Investment Than Stocks | MyKCMThe survey also shows a wide range of reasons why Americans feel that way (respondents were able to pick more than one answer):93% of Americans Believe a Home Is a Better Investment Than Stocks | MyKCM

Bottom Line

The data show how strongly Americans believe in homeownership as an investment. That belief is warranted. The Liberty Street Economics blog put it best by saying:

“Housing represents the largest asset owned by most households and is a major means of wealth accumulation, particularly for the middle class.”

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Leslie Huggins

#376158 Mobile: 478-954-3774 Office: 478-954-5665

RPI Real Estate Services
1412 Russell Parkway, STE B
Warner Robins, GA31088
478-954-5665

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