Econ: How much of consumers’ assets are in their home?

About 29% according to JP Morgan Wealth Management …

I expected the number to be much higher

Financial assets are more than half.

Material “stuff” such as autos is less than 10%

In nominal terms, the aggregate consumer balance sheet has just about fought its way back to pre-crash levels.

So, why does it feel so bad?

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One Response to “Econ: How much of consumers’ assets are in their home?”

  1. John Carpenter Says:

    I have been wondering if the research on the lack of US family savings reflects only traditional bank accounts or does it include the large investments in “other financial assets”. If it does not include the other assets, which many probably equate to bank savings accounts, is there really a lack of household savings in the US. Maybe it is still savings, just prone to a little more volatility.

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