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Only 52% Say Buying a Home is the Best Investment a Family Can Make

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.

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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.


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