Consumer Confidence and Household Investment

Consumer Confidence and Household Investment

Confidence in Housing as an Investment Rises

With appreciation climbing and equity growing, homeownership is the investment to make — and according to new research, Americans believe it is a solid vehicle for wealth. Sixty-five percent of respondents to a survey by the Federal Reserve Bank of New York believe buying a home is a "somewhat good" or "very good" investment; less than 11 percent believe it is "bad." Among buyers, the...

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