The Gallup organization just released their Economy and Personal Finances Poll which asked Americans to choose the best option for long term investment. It was no surprise to us at Ford Realty that real estate returned to the top position over other investment categories (gold, stocks/mutual funds, savings accounts/CDs and bonds).
Back in 2011, gold was the most popular long-term investment among Americans. However, with the housing market improving across the U.S. (especially in Boston) and Boston condo prices rising, more Americans now consider real estate the best option for long-term investments.
The poll also revealed that real estate was considered to be the best long term investment by all four subgroups by age and two out of three by income: