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

April 19, 2021

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

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.

Here’s how the results break down:93% of Americans Believe a Home Is a Better Investment Than Stocks | Keeping Current MattersThe survey also shows a wide range of reasons why Americans feel that way (respondents were able to pick more than one answer):93% of Americans Believe a Home Is a Better Investment Than Stocks | Keeping Current Matters

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.”