A Survey of Consumer Finances study that was recently released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. Whether you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is a definite yes.

Do Americans believe a home is a better investment than stocks?

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, which was written in a post on the Liberty Street Economics blog.

Here’s how the results break down:

A wide range of reasons why Americans feel that way (respondents were able to pick more than one answer) were shown on the survey too:

Bottom Line

Americans strongly believe in homeownership as an investment is what the data shows. 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.”

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