Home ownership was cited as “best long-term investment” by 81% of those who own their homes outright, 76% of people with home loans, 67% of renters, and 65% who owe more than they could sell their home for today.
When survey respondents were asked if they’d recommend buying a home to a friend or family member just starting out, 80% said “yes.” Even home owners currently underwater - those who owe more on their home than it is currently worth - 78% said they would recommend home ownership to family or friends starting out. Of those surveyed who do not own a home, 73% said their goal is eventually to buy one. [where: 75230]
1 comment:
I am actually one of those 67% who still pays for rent but I am saving up to have a home of my own soon too. I definitely would agree that it would be one of the best long term investments out there. Although cars are more fun, I'd still like to have a house of my own first.
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