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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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This entry was posted on January 16, 2013 at 6:59 am and is filed under Consumer Balance Sheet, Consumer debt, Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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

  1. John Carpenter's avatar John Carpenter Says:
    January 22, 2013 at 2:47 pm | Reply

    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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