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Most Americans' wealth is in the value of their homes, which took a beating during that same time: http://www.washingtonpost.com/business/economy/fed-americans
by hudibras 14y ago
Most Americans' wealth is in the value of their homes, which took a beating during that same time:
http://www.washingtonpost.com/business/economy/fed-americans-wealth-dropped-40-percent/2012/06/11/gJQAlIsCVV_story.html http://www.washingtonpost.com/business/economy/fed-americans...
"The Federal Reserve said the median net worth of families plunged by 39 percent in just three years, from $126,400 in 2007 to $77,300 in 2010. That puts Americans roughly on par with where they were in 1992."