Article Image

IPFS News Link • Economy - Economics USA

Home Equity and Household Net Worth Cliff Diving

• CalculatedRiskblog.com
Hit by the double whammy of declining home prices and a falling stock market, U.S. households saw their net worth fall by $11.2 trillion, or 18%, to $51.5 trillion at the end of 2008, wiping out five years of gains ...

midfest.info