Despite the housing bubble and subsequent crash, more than 80 percent of Americans still think buying a home is the best long-term investment a person can make.
That's according to a recent Pew Research Center study, which found that 37 percent strongly agreed with that idea and 44 percent somewhat agreed with it.
About half of homeowners in the survey said they believe their home has dropped in value since the recession began, while 31 percent said it worth about the same. Seventeen percent said they though their home had increased in value over the last few years.
Of the renters in the survey, 81 percent said they intend to buy a house at some point. Only 17 percent they plan on continuing to rent.
Related Stories
Peppermill Finish
Selling Your Company to Your Team
From company valuation to terms of the transfer, here’s a look at how three different remodelers made the deal work
What's Beyond the Hammer?
Working with Brian Gottlieb on the book Beyond the Hammer provided a masterclass on how to build an aligned team
4 Steps to Prep Your Business for Contraction
How a remodeling company plans ahead for the worst of times (and the best of times)
Creating a Company Fire Drill: How to Prepare for the Worst
A disastrous fire could have been a lot worse if the business wasn’t prepared for the unexpected
The Fundamentals of Growing Profitably
On this episode of Women at WIRC podcast, Nip Tuck Remodeling Owner April Bettinger shares how she plans for her company's profitable growth
3 Things to Add to Your Construction Contract—From a Lawyer
Did you know you can add these three elements to your contracts?
Study Finds Remodelers’ Net Profits Declined
How far did net profits decline and what's influencing the drop?
The Home Depot Bets on Pros Amid Predictions of Flat Sales Growth
For the first time since 2019, The Home Depot’s revenue fell short of Wall Street’s predictions amid a general softening in the home improvement market