There are some distinct differences in how people view the best long-term investment based on their household income. Although all groups view Real Estate as a better investment than Stocks, Mutual Funds, and Bonds, as household income increases, so do the number of people who feel Real Estate is a best long-term investment strategy.
According to the Gallup Poll below, you can see a distinct difference in how people view the best way to invest for the long-term based on household income. The question is which came first? Did those that think Real Estate is the best long-term investment acquire their wealth BECAUSE of that view? Or, do they believe Real Estate is the best long-term investment because they already have wealth, which could make investing Real Estate easier.
Do you think income creates wealth or that people’s beliefs create wealth? Do you see yourself in these numbers? Would you use Real Estate invesment strategy to create your long-term wealth or do you see yourself only investing in Real Estate when your household income increases?
What are your thoughts? Where would you put your money? If not in Real Estate, why not?
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Yorktown, Poquoson, Hampton, Newport News Area Real Estate – Sandra Hood
EXIT Real Estate Solutions is one of the areas fastest growing real estate firms. I specialize in helping buyers, sellers, and investors with their real estate goals in the Hampton Roads, Virginia area. Local communities include Hampton, Newport News, Poquoson, Yorktown, Williamsburg, Gloucester, Smithfield, Suffolk, and James City County. (757) 598-1232
