Homeownership Still Considered Best Long-Term Investment: Pew
The housing crash seems to have had little impact on consumer confidence, as 81% of adults believe buying a home is the best long-term investment a person can make.
Palm Coast, FL – April 23, 2011
The housing crash seems to have had little impact on consumer confidence, as 81% of adults believe buying a home is the best long-term investment a person can make.
According to a report by Pew Research released this week, this figure is only down 3% from 1991. Pew cites a CBS News/New York Times survey completed in 1991.
Of those 81% of the adult sample, 37% "strongly agree" that a home is the ultimate long-term investment, while 44% only moderately agree. Both figures indicate less adamant view than the 1991 survey.
Full Story >>>> HousingWire [April 22]
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