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Reading: 93% of Americans Believe a Home Is a Better Investment Than Stocks
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85209.com > Blog > Real Estate > 93% of Americans Believe a Home Is a Better Investment Than Stocks
Real Estate

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

Klaus Team
Last updated: April 14, 2021 10:00 am
Klaus Team
Published: April 14, 2021
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Contents
    • Do Americans believe a home is a better investment than stocks?
  • Bottom Line
  • You might also enjoy reading…

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 | Simplifying The MarketThe 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 | Simplifying The Market

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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