Thursday, October 14, 2010
Buying a home used to be a major milestone in life and thought of as one of, if not the best investment for a family. Today, Americans aren’t quite as sure.
The latest Rasmussen Reports telephone survey finds that just 52% of adults say buying a home is the best investment families can make, down from 60% last month and 73% in February 2009. (To see survey question wording, click here).
Thirty-one percent (31%) say that buying a house is not the best investment for families, and 17% are not sure.
Fifty-eight percent (58%) of adults who own their home agree that a home is the best investment. Among non-homeowners, just 37% agree.
Adults over 40 tend to believe more that buying a house is the best investment, while adults under 40 are not as sure.
Married adults are more likely than unmarried adults to say buying a house is the best investment for a family. Higher income adults are also more likely to agree than lower income adults.
The survey of 1,000 Adults was conducted on October 7-8, 2010 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
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