Fun Fact of the Day, June 21, 2018
June 21, 2018
CONCENTRATED AT THE TOP - Prior to the 2007 global real estate crisis, 24% of the "housing wealth" in the United States (i.e., real estate equity) was owned by American seniors at least age 60. Today, 41% of the "housing wealth" in the United States is owned by American seniors (source: Federal Reserve Bank of New York).
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