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

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

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.

93% of Americans Believe a Home Is a Better Investment Than Stocks | Keeping Current Matters
93% of Americans Believe a Home Is a Better Investment Than Stocks | Keeping Current Matters

Here’s how the results break down:The survey also shows a wide range of reasons why Americans feel that way (respondents were able to pick more than one answer):

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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Kayla Slavensky

As your Realtor I would love to help make the home buying or selling process as smooth and enjoyable as possible. I have lived in Northern California for over 10 years, while traveling periodically throughout California and other states, and I feel confident that I can help you find a great home that meets your wants and needs or sell a home that no longer meets your wants and needs. Throughout your journey of buying a home I will work hard to show you different homes that meet your needs, schedule and oversee the inspection process, negotiate for you, and complete all paperwork all while accompanying you through the escrow process. Selling your home can be an enjoyable process. I promise to listen to your desires to help present your property in the most professional and eye-catching manner to ensure it sells for a great price.

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