Wealth inequality between homeowners and renters continued to be remarkably pronounced in 2017: Homeowners’ median wealth was nearly 89 times larger than the median wealth of renters and not entirely because of home equity.
The 2017 Survey of Income and Program Participation (SIPP) data shows continued disparities in wealth – the value of assets owned minus the liabilities (debts) owed – revealed in last year’s report on household wealth in 2015.
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