The results are in: the best long-term investment you can make? Real Estate.
Each year, Gallup surveys Americans to find out what they believe to be the best investment options for building long-term wealth. And in their most recent survey, Americans overwhelmingly chose real estate, making this the fifth year in a row real estate tops the list.
Thirty-four percent of Americans surveyed chose real estate as the best long-term investment option for building wealth, which is nearly ten percentage points ahead of the next investment choice on the list, stocks (which came in at 26%).
The results of the Gallup survey, and the fact that real estate has been chosen as Americans' top investment choice for five years running, is a clear indicator that faith in the real estate market has bounced back since the Great Recession (when gold was a much more popular investment option).
With consumer confidence clearly indicating stability in the market, there's never been a better time to purchase a home—and make a long-term investment in your future.