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Rich flocking to real estate

November 30, 2009

A Barclays survey shows people with more than $800,000 to invest are steering clear of stocks and bonds, and moving into real estate. Click here to see a story about the survey.

The wealthier the person, the more likely they are to prefer real estate, the British bank found. One reason is, they believe real estate, both residential and commercial, is a good investment given the depressed prices.

Aside from their home country, the respondents felt the United States held the greatest real estate opportunities.

What about the Indianapolis area? Would you rather have your money in local real estate or in stocks and bonds?


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