The average American family had the same amount of wealth in 2013 as it did in 1989

More than half of the homeowners at that bottom end of the wealth distribution were underwater on their mortgages in 2013. Image: REUTERS/Mike Blake
Jim Tankersley
Economic Policy Correspondent, The Washington Post

Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:
United States
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Related topics:
Global Agenda
The Agenda Weekly
A weekly update of the most important issues driving the global agenda
Subscribe
You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.
More on United StatesSee all
More on United States
See all