In today’s environment, do you think buying Santa Cruz real estate has become less popular than renting? If so, you’ll probably be surprised to learn that 81% of American adults still think that buying a home is the best investment a person can make.
In comparison, two decades ago, a CBS News/New York Times survey found that 84% of American adults thought buying a home was the best investment a person could make. That’s only a 3% decline in 20 years.
The new information is based on two nationwide studies performed this year by the Pew Research Center and Trulia, a real estate website. The Pew Research Center’s survey sample included 2,142 adults. Fifty-seven percent of the people who answered the survey own a home, 30% rent and the remainder have