Stegman, Michael A.; Freeman, Allison; Paik, Jong-Gyu - Federal Reserve Bank of San Francisco - 2007
The distribution of wealth in the United States is more highly skewed than the distribution of income. Nowhere is this clearer than in the case of homeowners and renters. Those who own their homes typically have about 20 to 40 times more net wealth than those who rent. ; Although home equity...