An unexpected 81% of U.S. adults surveyed by the Pew Research Center say buying a home is the best long-term investment.
The real estate bust appears to have done little to alter Americans’ confidence in the investment value of homeownership.
A robust 81% of adults said buying a home is the best long-term investment a person can make, according to a national survey by the Pew Research Center in Washington.
“Owning a home is really a part of the American dream, and that is just part of the American psyche and something that people aspire to,” said Kim Parker, associate director for the center and one of the study’s authors.
To read the rest of this story, which appeared in the Los Angeles Times on April 12, 2011, and was written by Alejandro Lazo, please click HERE.