According to Bankrate's latest
Financial Security Index Poll,
Americans who have money to set aside for the next 10 years would rather invest
in real estate than any other type of investment. Bankrate asked
Americans to answer the following question:
"Which
would be the best way to invest money you did not need for more than 10
years?"
Real
Estate came in as the top choice with 25% of all respondents, while cash
investments (such as savings accounts and CD's) came in second with 23%. The
chart below shows the full results
: 
Sterling White, co-founder
of Holdfolio, gave one reason as to why real estate may have ranked so high. "Houses
are tangible. You can physically see and feel the product. So you know where
your money is going." July's
poll also found
that for the "26th consecutive month, Americans' sense of financial
well-being improved when taking into account debt, savings, net worth, job security,
and overall financial situation."
Bottom Line
We
have often written about the financial and non-financial reason homeownership
makes sense. It is nice to see that Americans have returned to a belief in
homeownership as the best investment.
David Demangos
858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist
David@AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!
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