Americans agree housing is a good investment — but some deeper differences reveal how severe the new

Every year, the New York Fed conducts a survey that poses this hypothetical question: if you had a huge sum of money to invest anywhere, would buying a home in your zip code be a good or bad investment relative to other financial options? The most recent survey showed nearly two-thirds of people thought housing was a “somewhat good” or a “very good” investment. But beyond the majority agreement, there were regional differences that serve as a reality check for hopeful homeowners.

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