A recent Gallup poll revealed that 34% of Americans believe real estate is the best long-term investment, while only 18% think that stocks or mutual funds are the best strategy. Both investment options have their own advantages and disadvantages, so it is essential to understand these before making an informed decision.

Post the pandemic standstill, eviction applications by landlords have skyrocketed, fueled by increasing rents and a sustained deficit of affordable housing. Low-income tenants, now bereft of pandemic aid that kept them housed, are struggling to recover as they are unable to secure stable employment or their income has failed to match the escalating expenses of rent, food, and other essentials.

Despite millennials having reached their prime home-buying years, they are being sidelined by their more affluent parents who are preventing them from purchasing their first homes. The proportion of millennial homebuyers exceeded that of boomers between 2014 and last year. However, the boomer generation has recently reestablished itself as the leading home-buying demographic in the U.S.