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Growing Wealth, Inequality, and Housing in the United States
02/19/2007 | Requests *Summary
While aggregate household net wealth grew from $25.9 trillion in 1995 to $50.1 trillion in 2004 (both in 2004 dollars), nearly 90 percent of the net gains occurred only among the top quartile of households in the wealth distribution. This paper discusses both household wealth and inequality growth, examines demographic factors behind the growth, and analyzes housing’s role in it, using the Survey of Consumer Finances data collected by the Federal Reserve Bank.
Author
Xiao Di, Zhu
Available Files
- Report PDF (103K, 29 pages)
Keywords
Survey of Consumer Finances; SCF; Wealth Inequality; Household Net Wealth Growth; Wealth Distribution; Income Distribution; Households,
Those Headed by People Age 50 or Over;
Topic
Housing
Type/Tool
Data, Reports
Source
Joint Center for Housing Studies, Harvard University
State
All States/Territories
Date Created
02/19/2007
Contact
Maria Sanchez
Maria.Sanchez@unh.edu
(970) 377-0706
Maria.Sanchez@unh.edu
(970) 377-0706
Short URL
Permission to use any element of this document should be obtained by the above named contact person. Always name the originator as the source of this material.
* Reflects requests since January 1, 2007
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