If you're thinking of buying a house or investing in the real estate market, this is the ideal time to understand why so many Americans see the investment in real estate as the best long-term choice.
According to a recent survey by GallupFor the ninth year running, real estate has once again been voted the best long-term investment by Americans. Every year, more people recognize the benefits of buying a property, beating out options such as shares, gold or savings.
Buying property means protecting your pocket from inflation
In a scenario where inflation is at its highest in 40 years, the value of owning your own property becomes even more evident. As Danielle Halechief economist at Realtor.com:
"Rising rents, which continue to climb at a double-digit pace, and the prospect of setting a monthly housing cost in a market with widespread inflation are motivating today's first-time homebuyers."
In other words, those who buy a property are able to protect their budget and still secure an asset that tends to increase in value over time.
Investing in real estate: appreciation and wealth generation
Real estate not only offers housing stability, but also acts as an asset that increases in value. According to Mark Cussen, editor of Investopedia:
"There are many advantages to investing in real estate. It often works as a good hedge against inflation, as there will always be demand for houses, regardless of the economic climate."
Over time, the increase in the value of your home also contributes to building equity and growing your net worth, one of the main objectives of anyone thinking of long-term investment.
The appreciation of real estate is constant, even with high inflation
The graph below, with data since 2011, shows how the real estate market has been gaining popularity over the last decade. Even in times of economic instability and rising inflation, the sector remains the number one choice.
This perception is justified: in times of inflation, the investment in real estate brings security and predictability. When you buy a property, you lock in your monthly housing costs, while rents continue to rise. This acts as a hedge against the impact of inflation on the family budget.
Americans choose real estate for nine consecutive years as the best long-term investment
Opportunity: invest in vacation homes in Orlando
Now that you know that 45% of Americans consider the investment in real estate the best choice, how about considering opportunities in one of the world's most sought-after destinations?
OrlandoOrlando, Florida, offers excellent infrastructure, high tourist demand and properties with potential for appreciation and income. Investing in vacation homes in Orlando can be a smart way to diversify your portfolio and protect your capital from inflation.
Talk to our experts
Our agents are ready to help you understand the best real estate investment options in Florida. Whether it's for housing, vacation rental income or equity diversification, we can guide you every step of the way.
See an article with more arguments: What does an economic slowdown mean for the real estate market? Buying a house is a powerful decision. No wonder so many people see it as the best long-term investment, even when inflation is high. When you buy, you help protect yourself from increases in housing costs and you own an asset that usually gains value over time. If you want to better understand how buying a house can be a great investment for you, let's connect today.
Did you like the article? Keep an eye on our blog! Looking to live or invest in real estate in Florida? Check out the list of houses for sale in Florida that we've selected for you!
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