Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks, gold, and savings accounts.
For the sixth year in a row, real estate has come out on top as the best long-term investment! That has not always been the case. Gallup explains:
“Between 2008 and 2010, covering most of the Great Recession period that saw plummeting home and stock values, Americans were as likely to name savings accounts or CDs as the best long-term investment as they were to name stocks or real estate.”
This year’s results showed that 35% of Americans chose real estate, followed by stocks at 27%. The full results are shown in the chart below.
Bottom Line
Now that the Boston real estate market has recovered, so has the belief of the American people in the stability of housing as a long-term investment.
Boston High Rise Condos for Sale in Downtown Boston
All Boston Luxury High Rise Condos for Sale
Back Bay High Rise Luxury Condos for Sale
Beacon Hill High Rise Luxury Condos for Sale
Charlestown High Rise Luxury Condos for Sale
Fenway High Rise Luxury Condos for Sale
Financial District High Rise Luxury Condos for Sale
Midtown-Downtown High Rise Luxury Condos for Sale
Seaport District High Rise Condos for Sale
South Boston High Rise Luxury Condos for Sale
South End High Rise Luxury Condos for Sale