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Net Worth and Housing Equity in Retirement
National Bureau of Economic Research [NBER]
Dec. 27, 2007 Excerpt: This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by more than housing equity, in part because other assets also appreciated at the same time. MORE >> |
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