According to a study conducted by the Pew Research Center, eight in 10 adults - 81 percent - say that the best long-term investment a person can make is buying a home.
Approximately 2,142 adults participated in the two-week long survey, conducted March 15 through the 29.
While adults still want to own a home of their own, the intensity of that desire has declined somewhat over the past several years, according to Pew. In 1991, for example, 49 percent of respondents "strongly agreed" that homeownership was the best long-term investment a person could make. But in 2011, the number of people who "strongly agreed" dipped to 37 percent. Pew attributes the decline to the slump the housing market has experienced over the past several years.
Overall, however, Pew's findings are similar to ones established by Trulia.com in February. In the real estate website's biannual American Dream survey, Trulia.com found 78 percent of respondents considered the purchase of a home to be their life's best investment.
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