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1   clambo   ignore (5)   2019 Sep 7, 9:25am     ↓ dislike (0)   quote   flag        

The wealthiest have the largest % of their net worth in financial assets, not real estate.

From Wall St. Journal article: "More than 85% of the assets of the wealthiest 1% are in financial assets...."

"By contrast, slightly more than half of all assets owned by the bottom 50% of households comes from real estate...."

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