Reported about 10 hours ago
A recent study reveals that primary residences account for 30% of the average American household's net worth, surpassing traditional investments like 401(k)s, which make up 25%. This insight emphasizes the critical role that homeownership plays in wealth accumulation, alongside other investments such as public equities (15%) and private business ownership (12%). The findings highlight that for most families, real estate remains the cornerstone of financial stability.
Source: YAHOO