Real-estate has solidified its position atop the list of consumers' choice of best long-term investment. Gallup staffer Jim Norman explains how real-estate has continued trending upward during the last five years while gold, the former most-favored investment, has continued its descent.
In that time period, real-estate has not been the only asset that has gained favor, with stocks also recovering and growing in popularity. However, Americans are still favoring real-estate as the best long-term investment:
The split between the two investment options grew again in the last year as the stock market's volatility increased investors' concerns. With housing prices showing a steadier path upward in recent months, even stock investors are about as likely in the April 2016 poll to choose real estate (37%) as stocks (32%) as the best long-term investment.