U.S Household wealth record high in 2nd quarter

[butters]

Sept 23 (Reuters) - U.S. household wealth jumped to a new high of $141.7 trillion at the end of June, a report from the Federal Reserve showed on Thursday, boosted by stock market gains and a pandemic-induced real-estate boom.

https://www.reuters.com/business/fi...-record-1417-trillion-q2-fed-says-2021-09-23/

 

[BoyNextDoor]

Dubious. Homes value is illiquid.

 

[pecksniff]

Dubious. Homes value is illiquid.

But can be borrowed against.

 

[BoyNextDoor]

But can be borrowed against.

Exactly - so then the whole asset is at risk.

 

[Lazaran]

Dubious. Homes value is illiquid.

Would the Deplorables not flaunt those numbers???

I agree with your point, but I also recognize what butters was doing.

*nods*