Americans Rank Real Estate #1 Long Term Investment

The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the "best long-term investment." Real estate ranked number one, with 35% of those surveyed saying it was a better long-term investment than stocks & mutual funds, gold, savings accounts, or bonds. Here is the breakdown: The survey revealed that real estate was the number one choice among each of the following groups:

Men
Women
People between the ages of 18-29
People between the ages of 30-49
People between the ages of 50-64
People 65 and older
People with annual earnings of less than $30,000
People with annual earnings between $30,000 and $74,999
People with annual earnings of over $75,000
People with a college degree
People without a college degree

Even stock investors ranked real estate number one. According to the report:

"With housing prices showing a steadier path upward in recent months, even stock investors are about as likely, to choose real estate (37%) as stocks (32%) as the best long-term investment."

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